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 significant decrease in short interest in May. As of May 15th, there was short interest totaling 3,439 shares, a decrease of 82.0% from the April 30th total of 19,146 shares. Approximately 3.1% of the company’s stock are short sold. Based on an average trading volume of 4,107 shares, the short-interest ratio is currently 0.8 days.

Amplify Bitcoin 2% Monthly Option Income ETF Trading Down 1.3%

BITY stock opened at $31.94 on Thursday. Amplify Bitcoin 2% Monthly Option Income ETF has a 1-year low of $28.41 and a 1-year high of $61.76. The firm has a fifty day moving average price of $32.53 and a two-hundred day moving average price of $36.02.

Hedge Funds Weigh In On Amplify Bitcoin 2% Monthly Option Income ETF

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

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.