YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Short Interest Down 38.0% in January

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) saw a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 200,910 shares, a decline of 38.0% from the December 31st total of 323,791 shares. Approximately 4.4% of the company’s shares are sold short. Based on an average trading volume of 310,402 shares, the short-interest ratio is presently 0.6 days. Based on an average trading volume of 310,402 shares, the short-interest ratio is presently 0.6 days. Approximately 4.4% of the company’s shares are sold short.

Institutional Trading of YieldMax AMD Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC bought a new stake in YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned approximately 0.16% of YieldMax AMD Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

YieldMax AMD Option Income Strategy ETF Stock Down 5.8%

Shares of YieldMax AMD Option Income Strategy ETF stock traded down $2.31 during trading on Friday, reaching $37.40. 181,701 shares of the company were exchanged, compared to its average volume of 242,163. The business has a 50-day moving average price of $38.58 and a 200-day moving average price of $41.83. The firm has a market capitalization of $175.03 million, a price-to-earnings ratio of 75.84 and a beta of 1.80. YieldMax AMD Option Income Strategy ETF has a twelve month low of $29.13 and a twelve month high of $53.83.

YieldMax AMD Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a $0.3984 dividend. This represents a dividend yield of 7,156.0%. The ex-dividend date was Thursday, January 29th.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.