YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Update

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 186,879 shares, an increase of 131.3% from the July 30th total of 80,801 shares. Based on an average trading volume of 275,428 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.8% of the company’s stock are sold short.

YieldMax AMZN Option Income Strategy ETF Price Performance

Shares of AMZY traded up $0.28 during mid-day trading on Friday, hitting $10.90. 322,438 shares of the company’s stock were exchanged, compared to its average volume of 440,272. YieldMax AMZN Option Income Strategy ETF has a 52 week low of $9.94 and a 52 week high of $15.65. The company has a 50-day simple moving average of $10.84 and a 200 day simple moving average of $11.36.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax AMZN Option Income Strategy ETF stock. Captrust Financial Advisors purchased a new stake in YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 15,569 shares of the company’s stock, valued at approximately $253,000. Captrust Financial Advisors owned about 0.09% of YieldMax AMZN Option Income Strategy ETF at the end of the most recent quarter.

About YieldMax AMZN Option Income Strategy ETF

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