Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Sees Significant Growth in Short Interest

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 30,951 shares, an increase of 110.3% from the September 15th total of 14,718 shares. Currently, 6.4% of the shares of the company are short sold. Based on an average daily volume of 33,469 shares, the days-to-cover ratio is presently 0.9 days.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Stock Up 0.5%

Shares of TLTP stock opened at $19.11 on Thursday. The stock’s 50-day moving average is $19.62 and its two-hundred day moving average is $20.50. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 1 year low of $18.56 and a 1 year high of $23.36.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Company Profile

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.