YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Sees Significant Growth in Short Interest

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) saw a significant increase in short interest during the month of October. As of October 30th, there was short interest totaling 522,458 shares, an increase of 298.8% from the October 15th total of 131,009 shares. Approximately 2.7% of the shares of the stock are short sold. Based on an average trading volume of 373,647 shares, the short-interest ratio is presently 1.4 days.

YieldMax GOOGL Option Income Strategy ETF Price Performance

Shares of NYSEARCA GOOY opened at $10.05 on Thursday. The firm’s 50-day moving average is $11.50 and its two-hundred day moving average is $13.09. The company has a market capitalization of $197.18 million, a PE ratio of 23.88 and a beta of 0.93. YieldMax GOOGL Option Income Strategy ETF has a 12-month low of $9.57 and a 12-month high of $15.96.

About YieldMax GOOGL Option Income Strategy ETF

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.