Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) Sees Large Decline in Short Interest

Amplify Bitcoin Max Income Covered Call ETF (BATS:BAGY) was the target of a large drop in short interest during the month of October. As of October 15th, there was short interest totaling 1,402 shares, a drop of 48.7% from the September 30th total of 2,733 shares. Based on an average daily volume of 2,905 shares, the short-interest ratio is currently 0.5 days. Currently, 1.8% of the company’s shares are sold short.

Amplify Bitcoin Max Income Covered Call ETF Stock Down 5.7%

Shares of Amplify Bitcoin Max Income Covered Call ETF stock opened at $20.79 on Friday. Amplify Bitcoin Max Income Covered Call ETF has a 12 month low of $20.63 and a 12 month high of $48.79. The business has a fifty day simple moving average of $23.52 and a 200 day simple moving average of $26.94.

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.