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

Amplify Bitcoin 2% Monthly Option Income ETF (BATS:BITY) was the target of a large growth in short interest in August. As of August 31st, there was short interest totaling 1,660 shares, a growth of 86.5% from the August 15th total of 890 shares. Approximately 1.5% of the company’s stock are short sold. Based on an average trading volume of 4,430 shares, the days-to-cover ratio is currently 0.4 days.

Amplify Bitcoin 2% Monthly Option Income ETF Trading Up 0.9%

Shares of BATS:BITY opened at $27.27 on Friday. Amplify Bitcoin 2% Monthly Option Income ETF has a 12-month low of $23.75 and a 12-month high of $59.21. The business’s fifty day simple moving average is $26.70 and its 200-day simple moving average is $29.01.

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.