YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Shares Shorted: Short Interest Up 298.8% in October

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 522,458 shares, an increase of 298.8% from the October 15th total of 131,009 shares. Currently, 2.7% of the company’s shares are sold short. Based on an average daily trading volume, of 373,647 shares, the days-to-cover ratio is presently 1.4 days.

YieldMax GOOGL Option Income Strategy ETF Stock Down 0.7%

Shares of GOOY traded down $0.07 during mid-day trading on Friday, hitting $10.01. 519,420 shares of the company’s stock traded hands, compared to its average volume of 441,568. YieldMax GOOGL Option Income Strategy ETF has a 1 year low of $9.57 and a 1 year high of $15.96. The firm has a market capitalization of $196.40 million, a P/E ratio of 23.88 and a beta of 0.93. The business’s 50-day moving average price is $11.46 and its 200-day moving average price is $13.07.

YieldMax GOOGL Option Income Strategy ETF Company Profile

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc. stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.