YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Down 41.0% in August

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 90,743 shares, a decline of 41.0% from the August 15th total of 153,910 shares. Currently, 2.6% of the shares of the stock are short sold. Based on an average trading volume of 58,913 shares, the days-to-cover ratio is currently 1.5 days.

YieldMax XOM Option Income Strategy ETF Stock Performance

Shares of XOMO traded down $0.26 on Wednesday, reaching $10.95. The stock had a trading volume of 120,630 shares, compared to its average volume of 112,375. YieldMax XOM Option Income Strategy ETF has a twelve month low of $10.38 and a twelve month high of $14.14. The firm has a 50-day moving average of $11.11 and a 200 day moving average of $11.74.

YieldMax XOM Option Income Strategy ETF Company Profile

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.