YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Large Decline in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large decline in short interest in February. As of February 13th, there was short interest totaling 22,968 shares, a decline of 76.7% from the January 29th total of 98,575 shares. Approximately 0.6% of the shares of the stock are sold short. Based on an average daily volume of 140,043 shares, the short-interest ratio is currently 0.2 days. Based on an average daily volume of 140,043 shares, the short-interest ratio is currently 0.2 days. Approximately 0.6% of the shares of the stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new position in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

YieldMax TSM Option Income Strategy ETF Stock Down 3.8%

YieldMax TSM Option Income Strategy ETF stock traded down $0.68 during trading hours on Thursday, hitting $17.16. The stock had a trading volume of 182,312 shares, compared to its average volume of 139,141. YieldMax TSM Option Income Strategy ETF has a 1-year low of $12.10 and a 1-year high of $17.96. The stock’s fifty day moving average is $16.27 and its two-hundred day moving average is $16.12.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 27th. Shareholders of record on Thursday, February 26th will be given a dividend of $0.1104 per share. The ex-dividend date of this dividend is Thursday, February 26th. This represents a yield of 5,179.0%.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.