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

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) was the target of a significant drop in short interest in the month of January. As of January 30th, there was short interest totaling 131,358 shares, a drop of 45.3% from the January 15th total of 240,193 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average trading volume of 162,424 shares, the days-to-cover ratio is presently 0.8 days. Based on an average trading volume of 162,424 shares, the days-to-cover ratio is presently 0.8 days. Approximately 1.2% of the company’s shares are sold short.

YieldMax META Option Income Strategy ETF Trading Down 1.5%

Shares of NYSEARCA FBY traded down $0.18 during trading hours on Friday, reaching $11.58. The stock had a trading volume of 96,101 shares, compared to its average volume of 158,140. YieldMax META Option Income Strategy ETF has a 52-week low of $11.46 and a 52-week high of $21.25. The firm has a market cap of $124.25 million, a price-to-earnings ratio of 26.70 and a beta of 1.29. The business’s fifty day moving average price is $12.41 and its two-hundred day moving average price is $14.21.

YieldMax META Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 13th. Stockholders of record on Thursday, February 12th will be given a dividend of $0.0583 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a dividend yield of 3,431.0%.

About YieldMax META Option Income Strategy ETF

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.