Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Stock Short Interest Declines 66.5%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the recipient of a large decline in short interest in the month of October. As of October 30th, there was short interest totaling 32,177 shares, a decline of 66.5% from the October 15th total of 95,982 shares. Based on an average trading volume of 22,716 shares, the short-interest ratio is presently 1.4 days. Currently, 6.7% of the shares of the company are short sold.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Trading Down 1.5%

Shares of BATS:TLTP opened at $19.13 on Friday. The stock has a 50 day moving average of $19.37 and a 200 day moving average of $20.70. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 12-month low of $18.56 and a 12-month high of $22.86.

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.