YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Short Interest Update

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) saw a significant decline in short interest during the month of December. As of December 31st, there was short interest totaling 128,228 shares, a decline of 43.3% from the December 15th total of 225,992 shares. Currently, 1.1% of the shares of the company are sold short. Based on an average daily trading volume, of 143,331 shares, the short-interest ratio is presently 0.9 days. Based on an average daily trading volume, of 143,331 shares, the short-interest ratio is presently 0.9 days. Currently, 1.1% of the shares of the company are sold short.

YieldMax META Option Income Strategy ETF Price Performance

YieldMax META Option Income Strategy ETF stock traded up $0.07 during midday trading on Thursday, reaching $11.82. The stock had a trading volume of 130,159 shares, compared to its average volume of 128,006. The firm’s fifty day simple moving average is $12.62 and its two-hundred day simple moving average is $14.84. The firm has a market cap of $131.79 million, a price-to-earnings ratio of 26.70 and a beta of 1.29. YieldMax META Option Income Strategy ETF has a twelve month low of $11.68 and a twelve month high of $21.25.

YieldMax META Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 16th. Investors of record on Thursday, January 15th will be given a dividend of $0.0583 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a yield of 2,565.0%.

YieldMax META Option Income Strategy ETF Company Profile

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.