YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Short Interest Down 32.5% in February

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) was the target of a significant decline in short interest in the month of February. As of February 27th, there was short interest totaling 234,693 shares, a decline of 32.5% from the February 12th total of 347,600 shares. Based on an average trading volume of 489,255 shares, the days-to-cover ratio is presently 0.5 days. Approximately 1.4% of the shares of the company are short sold. Approximately 1.4% of the shares of the company are short sold. Based on an average trading volume of 489,255 shares, the days-to-cover ratio is presently 0.5 days.

YieldMax GOOGL Option Income Strategy ETF Stock Down 0.8%

GOOY traded down $0.11 during trading on Friday, reaching $13.36. 211,232 shares of the company’s stock were exchanged, compared to its average volume of 468,697. YieldMax GOOGL Option Income Strategy ETF has a fifty-two week low of $10.89 and a fifty-two week high of $15.96. The business has a 50 day moving average price of $14.38 and a 200 day moving average price of $14.36. The company has a market capitalization of $218.84 million, a P/E ratio of 23.63 and a beta of 0.37.

YieldMax GOOGL Option Income Strategy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a dividend of $0.0981 per share. This represents a dividend yield of 3,978.0%. This is an increase from YieldMax GOOGL Option Income Strategy ETF’s previous dividend of $0.08. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax GOOGL Option Income Strategy ETF Company Profile

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.