YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Short Interest Down 82.0% in December

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPYGet Free Report) was the target of a large decline in short interest in the month of December. As of December 15th, there was short interest totaling 4,786 shares, a decline of 82.0% from the November 30th total of 26,532 shares. Based on an average daily trading volume, of 8,270 shares, the short-interest ratio is currently 0.6 days. Currently, 0.5% of the shares of the company are sold short. Currently, 0.5% of the shares of the company are sold short. Based on an average daily trading volume, of 8,270 shares, the short-interest ratio is currently 0.6 days.

YieldMax PYPL Option Income Strategy ETF Stock Performance

Shares of PYPY traded down $0.33 during mid-day trading on Friday, reaching $41.58. 4,809 shares of the company’s stock traded hands, compared to its average volume of 11,025. YieldMax PYPL Option Income Strategy ETF has a 12 month low of $41.11 and a 12 month high of $93.10. The business’s 50-day moving average price is $45.83 and its 200-day moving average price is $54.19. The stock has a market capitalization of $39.09 million, a P/E ratio of 18.19 and a beta of 0.81.

YieldMax PYPL Option Income Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be paid a $0.4415 dividend. The ex-dividend date of this dividend is Friday, December 26th. This represents a yield of 3,515.0%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax PYPL Option Income Strategy ETF stock. OLD Mission Capital LLC bought a new stake in shares of YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPYFree Report) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 13,812 shares of the company’s stock, valued at approximately $181,000. OLD Mission Capital LLC owned 0.36% of YieldMax PYPL Option Income Strategy ETF as of its most recent SEC filing.

YieldMax PYPL Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. PYPY was launched on Sep 25, 2023 and is issued by YieldMax.

Further Reading

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