Short Interest in YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Drops By 52.0%

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 82,433 shares, a drop of 52.0% from the June 30th total of 171,655 shares. Based on an average daily trading volume, of 66,527 shares, the days-to-cover ratio is presently 1.2 days. Approximately 1.1% of the shares of the stock are short sold.

YieldMax MSFT Option Income Strategy ETF Stock Up 12.8%

NYSEARCA MSFO traded up $1.35 on Thursday, hitting $11.90. 221,197 shares of the company were exchanged, compared to its average volume of 114,959. The firm has a 50 day moving average of $11.08 and a two-hundred day moving average of $12.17. YieldMax MSFT Option Income Strategy ETF has a 1-year low of $9.89 and a 1-year high of $18.75.

YieldMax MSFT Option Income Strategy ETF Company Profile

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.