Short Interest in YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Decreases By 55.7%

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 48,279 shares, a decrease of 55.7% from the May 14th total of 109,053 shares. Based on an average daily trading volume, of 82,982 shares, the short-interest ratio is presently 0.6 days. Currently, 1.9% of the shares of the company are sold short.

YieldMax AI Option Income Strategy ETF Price Performance

Shares of AIYY traded up $0.10 during mid-day trading on Monday, hitting $9.96. 78,376 shares of the company’s stock were exchanged, compared to its average volume of 73,507. YieldMax AI Option Income Strategy ETF has a fifty-two week low of $8.55 and a fifty-two week high of $47.97. The business’s 50 day moving average is $9.78 and its two-hundred day moving average is $13.12.

About YieldMax AI Option Income Strategy ETF

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.