YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Sees Large Decline in Short Interest

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOYGet Free Report) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 189,587 shares, a decline of 32.4% from the January 15th total of 280,300 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average trading volume of 463,195 shares, the days-to-cover ratio is currently 0.4 days. Based on an average trading volume of 463,195 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.2% of the company’s stock are short sold.

YieldMax GOOGL Option Income Strategy ETF Stock Performance

GOOY traded down $0.17 during trading on Friday, hitting $13.74. The stock had a trading volume of 510,242 shares, compared to its average volume of 496,285. The stock has a 50 day simple moving average of $14.77 and a two-hundred day simple moving average of $14.27. YieldMax GOOGL Option Income Strategy ETF has a twelve month low of $10.89 and a twelve month high of $15.96. The company has a market capitalization of $225.06 million, a PE ratio of 23.63 and a beta of 0.37.

YieldMax GOOGL Option Income Strategy ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, February 13th. Shareholders of record on Thursday, February 12th were given a dividend of $0.0981 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a yield of 3,581.0%. This is a boost from YieldMax GOOGL Option Income Strategy ETF’s previous dividend of $0.08.

About YieldMax GOOGL Option Income Strategy ETF

(Get Free Report)

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.

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