Short Interest in Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Drops By 75.3%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a significant decline in short interest in the month of June. As of June 15th, there was short interest totaling 7,768 shares, a decline of 75.3% from the May 31st total of 31,477 shares. Based on an average daily volume of 20,414 shares, the short-interest ratio is presently 0.4 days. Currently, 1.6% of the company’s shares are sold short.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Price Performance

TLTP stock opened at $21.35 on Friday. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 52-week low of $20.52 and a 52-week high of $23.36. The business has a fifty day moving average of $21.11 and a two-hundred day moving average of $21.70.

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.