YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Sees Large Decline in Short Interest

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) saw a large decline in short interest in September. As of September 15th, there was short interest totaling 383,669 shares, a decline of 37.7% from the August 31st total of 615,943 shares. Based on an average daily trading volume, of 679,107 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.1% of the shares of the stock are short sold.

YieldMax COIN Option Income Strategy ETF Trading Down 1.0%

Shares of NYSEARCA:CONY traded down $0.21 during trading on Thursday, reaching $19.85. The company had a trading volume of 234,752 shares, compared to its average volume of 482,667. The firm’s fifty day moving average is $19.76 and its 200 day moving average is $22.75. YieldMax COIN Option Income Strategy ETF has a twelve month low of $17.22 and a twelve month high of $78.20.

About YieldMax COIN Option Income Strategy ETF

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.