YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Sees Significant Decrease in Short Interest

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) was the target of a significant decrease in short interest in December. As of December 15th, there was short interest totaling 418,681 shares, a decrease of 80.6% from the November 30th total of 2,162,575 shares. Based on an average trading volume of 312,574 shares, the short-interest ratio is currently 1.3 days. Currently, 9.2% of the company’s stock are short sold. Currently, 9.2% of the company’s stock are short sold. Based on an average trading volume of 312,574 shares, the short-interest ratio is currently 1.3 days.

Institutional Trading of YieldMax AMD Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC acquired a new stake in YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned 0.16% of YieldMax AMD Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax AMD Option Income Strategy ETF Price Performance

AMDY stock traded up $0.04 during mid-day trading on Thursday, reaching $38.38. The company had a trading volume of 70,218 shares, compared to its average volume of 200,901. The stock has a 50 day simple moving average of $43.25 and a two-hundred day simple moving average of $42.16. The company has a market capitalization of $175.40 million, a price-to-earnings ratio of 75.84 and a beta of 1.80. YieldMax AMD Option Income Strategy ETF has a 52 week low of $29.13 and a 52 week high of $53.85.

YieldMax AMD Option Income Strategy ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were paid a $0.95 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a dividend yield of 6,119.0%.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.