Short Interest in Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Expands By 63.9%

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) was the target of a significant increase in short interest in August. As of August 31st, there was short interest totaling 1,983 shares, an increase of 63.9% from the August 15th total of 1,210 shares. Currently, 2.5% of the company’s shares are short sold. Based on an average daily volume of 5,304 shares, the days-to-cover ratio is currently 0.4 days.

Amplify Bitcoin Max Income Covered Call ETF Price Performance

Shares of BAGY opened at $23.48 on Friday. Amplify Bitcoin Max Income Covered Call ETF has a 52-week low of $21.30 and a 52-week high of $58.39. The business’s 50 day moving average price is $23.48 and its two-hundred day moving average price is $26.34.

Amplify Bitcoin Max Income Covered Call ETF Company Profile

Amplify ETF Trust – Amplify Bitcoin Max Income Covered Call ETF is an exchange traded fund launched and managed by Amplify Investments LLC. It invests in fixed income and currency markets of the United States. For its fixed income portion, it invests directly in U.S Treasuries and cash with the maturity of 6 month to 2 years. For its currency portion, it invests through derivatives and through other funds in bitcoin. The fund uses derivatives such as options to create its portfolio. It seeks to invests through a wholly-owned Cayman Islands subsidiary.