YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Sees Significant Decrease in Short Interest

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) saw a large drop in short interest in September. As of September 15th, there was short interest totaling 383,669 shares, a drop of 37.7% from the August 31st total of 615,943 shares. Based on an average daily volume of 679,107 shares, the short-interest ratio is presently 0.6 days. Currently, 2.1% of the shares of the stock are short sold.

YieldMax COIN Option Income Strategy ETF Stock Down 3.1%

Shares of YieldMax COIN Option Income Strategy ETF stock opened at $19.52 on Friday. The firm’s 50 day moving average is $19.77 and its 200 day moving average is $22.66. YieldMax COIN Option Income Strategy ETF has a 1 year low of $17.22 and a 1 year high of $78.20.

About YieldMax COIN Option Income Strategy ETF

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.