Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) Short Interest Update

Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 890 shares, a decline of 35.9% from the July 30th total of 1,389 shares. Approximately 0.8% of the company’s shares are sold short. Based on an average daily volume of 2,352 shares, the days-to-cover ratio is currently 0.4 days.

Institutional Trading of Amplify Bitcoin 2% Monthly Option Income ETF

Several institutional investors and hedge funds have recently modified their holdings of BITY. OLD Mission Capital LLC bought a new position in Amplify Bitcoin 2% Monthly Option Income ETF in the fourth quarter worth approximately $297,000. Kestra Advisory Services LLC bought a new stake in Amplify Bitcoin 2% Monthly Option Income ETF during the 4th quarter valued at $40,000. Finally, Jane Street Group LLC purchased a new stake in shares of Amplify Bitcoin 2% Monthly Option Income ETF in the 2nd quarter worth $637,000.

Amplify Bitcoin 2% Monthly Option Income ETF Stock Down 0.0%

BITY stock opened at $27.31 on Thursday. Amplify Bitcoin 2% Monthly Option Income ETF has a 12 month low of $23.75 and a 12 month high of $59.21. The company has a 50-day moving average price of $26.06 and a 200 day moving average price of $29.19.

Amplify Bitcoin 2% Monthly Option Income ETF Company Profile

Amplify ETF Trust – Amplify Bitcoin 24% Premium Income 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 1 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.