Short Interest in Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Increases By 1,160.6%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a large increase in short interest during the month of April. As of April 30th, there was short interest totaling 48,104 shares, an increase of 1,160.6% from the April 15th total of 3,816 shares. Based on an average daily volume of 19,203 shares, the days-to-cover ratio is currently 2.5 days. Currently, 10.0% of the shares of the stock are sold short.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Stock Down 0.6%

Shares of TLTP opened at $21.07 on Wednesday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 52-week low of $20.98 and a 52-week high of $23.36. The firm’s fifty day moving average is $21.54 and its two-hundred day moving average is $22.10.

About Amplify Bloomberg U.S. Treasury 12% Premium Income ETF

The Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (TLTP) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund uses a fund-of-fund approach to track an index that measures the performance of the iShares 20+ Year Treasury Bond ETF (TLT) and writes one-week expiration, at-the-money call options. The fund aims to generate a targeted annualized option premium income of 12% through covered call FLEX option contracts. TLTP was launched on Oct 29, 2024 and is issued by Amplify Investments.