Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) Stock Short Interest Rises 110.3%

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF (BATS:TLTP) was the target of a large increase in short interest during the month of September. As of September 30th, there was short interest totaling 30,951 shares, an increase of 110.3% from the September 15th total of 14,718 shares. Approximately 6.4% of the company’s stock are sold short. Based on an average daily volume of 33,469 shares, the short-interest ratio is currently 0.9 days.

Amplify Bloomberg U.S. Treasury 12% Premium Income ETF Trading Up 0.2%

Shares of TLTP stock opened at $19.01 on Wednesday. The firm has a fifty day moving average price of $19.64 and a 200 day moving average price of $20.51. Amplify Bloomberg U.S. Treasury 12% Premium Income ETF has a 12 month low of $18.56 and a 12 month high of $23.36.

About Amplify Bloomberg U.S. Treasury 12% Premium Income ETF

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.