Short Interest in YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Declines By 53.8%

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) saw a significant decline in short interest in August. As of August 31st, there was short interest totaling 86,366 shares, a decline of 53.8% from the August 15th total of 186,879 shares. Based on an average trading volume of 323,190 shares, the short-interest ratio is presently 0.3 days. Approximately 0.4% of the company’s stock are short sold.

YieldMax AMZN Option Income Strategy ETF Stock Down 1.3%

Shares of YieldMax AMZN Option Income Strategy ETF stock traded down $0.13 during midday trading on Wednesday, reaching $10.18. 336,521 shares of the company’s stock traded hands, compared to its average volume of 431,539. The company’s 50 day simple moving average is $10.82 and its 200 day simple moving average is $11.30. YieldMax AMZN Option Income Strategy ETF has a 52 week low of $9.94 and a 52 week high of $15.52.

About YieldMax AMZN Option Income Strategy ETF

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.