Short Interest in YieldMax Target 12 Big 50 Option Income ETF (NYSEARCA:BIGY) Declines By 81.6%

YieldMax Target 12 Big 50 Option Income ETF (NYSEARCA:BIGY) was the recipient of a significant drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,786 shares, a drop of 81.6% from the May 14th total of 31,493 shares. Currently, 1.2% of the shares of the company are sold short. Based on an average daily volume of 13,398 shares, the days-to-cover ratio is presently 0.4 days.

YieldMax Target 12 Big 50 Option Income ETF Trading Down 0.9%

BIGY stock traded down $0.49 during midday trading on Wednesday, hitting $51.60. The stock had a trading volume of 3,866 shares, compared to its average volume of 11,625. The firm has a market capitalization of $25.80 million, a price-to-earnings ratio of 29.68 and a beta of 0.90. YieldMax Target 12 Big 50 Option Income ETF has a 52 week low of $47.33 and a 52 week high of $54.64. The stock has a 50-day simple moving average of $51.77 and a 200 day simple moving average of $51.68.

About YieldMax Target 12 Big 50 Option Income ETF

The Defiance Next Gen Big Data ETF (BIGY) is an exchange-traded fund that is based on the BlueStar Big Data & Analytics index. The fund tracks a tier-weighted index of globally-listed stocks whose businesses are derived from data and software management. Securities are equally weighted within each tier. BIGY was launched on Nov 20, 2024 and is issued by Defiance.