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 large growth in short interest during the month of July. As of July 31st, there was short interest totaling 1,389 shares, a growth of 118.7% from the July 15th total of 635 shares. Based on an average daily volume of 4,221 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.3% of the shares of the stock are short sold.

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

A number of hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in shares of Amplify Bitcoin 2% Monthly Option Income ETF during the fourth quarter worth $40,000. OLD Mission Capital LLC acquired a new stake in Amplify Bitcoin 2% Monthly Option Income ETF during the 4th quarter valued at $297,000. Finally, Jane Street Group LLC purchased a new stake in Amplify Bitcoin 2% Monthly Option Income ETF during the 2nd quarter worth $637,000.

Amplify Bitcoin 2% Monthly Option Income ETF Stock Performance

BATS:BITY opened at $25.02 on Monday. Amplify Bitcoin 2% Monthly Option Income ETF has a 12-month low of $23.75 and a 12-month high of $60.06. The company’s 50-day moving average is $25.72 and its two-hundred day moving average is $29.84.

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.