YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Sees Large Increase in Short Interest

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) was the target of a significant increase in short interest in the month of May. As of May 15th, there was short interest totaling 109,053 shares, an increase of 100.1% from the April 30th total of 54,510 shares. Based on an average trading volume of 117,294 shares, the days-to-cover ratio is presently 0.9 days. Currently, 4.2% of the shares of the company are short sold.

YieldMax AI Option Income Strategy ETF Price Performance

NYSEARCA:AIYY traded down $0.55 during mid-day trading on Tuesday, reaching $10.51. The stock had a trading volume of 84,320 shares, compared to its average volume of 72,538. YieldMax AI Option Income Strategy ETF has a twelve month low of $8.55 and a twelve month high of $48.20. The business has a 50 day simple moving average of $9.77 and a 200 day simple moving average of $13.77.

YieldMax AI Option Income Strategy ETF Company Profile

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.