Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Short Interest Down 45.0% in June

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) saw a large drop in short interest in June. As of June 15th, there was short interest totaling 2,022 shares, a drop of 45.0% from the May 31st total of 3,676 shares. Based on an average daily trading volume, of 11,007 shares, the days-to-cover ratio is currently 0.2 days. Approximately 2.5% of the company’s shares are sold short.

Amplify Bitcoin Max Income Covered Call ETF Price Performance

Amplify Bitcoin Max Income Covered Call ETF stock opened at $21.98 on Thursday. The firm has a 50-day moving average of $27.43 and a two-hundred day moving average of $30.88. Amplify Bitcoin Max Income Covered Call ETF has a 1 year low of $21.30 and a 1 year high of $60.90.

Institutional Trading of Amplify Bitcoin Max Income Covered Call ETF

A hedge fund recently bought a new position in Amplify Bitcoin Max Income Covered Call ETF stock. Jane Street Group LLC acquired a new position in shares of Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm acquired 16,527 shares of the company’s stock, valued at approximately $606,000. Jane Street Group LLC owned 5.16% of Amplify Bitcoin Max Income Covered Call ETF as of its most recent SEC filing.

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.