Short Interest in YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Declines By 45.6%

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 77,589 shares, a decrease of 45.6% from the May 31st total of 142,733 shares. Currently, 3.2% of the company’s shares are short sold. Based on an average trading volume of 91,018 shares, the short-interest ratio is presently 0.9 days.

YieldMax SNOW Option Income Strategy ETF Price Performance

NYSEARCA:SNOY traded up $0.20 on Wednesday, reaching $10.64. The company’s stock had a trading volume of 147,794 shares, compared to its average volume of 99,788. YieldMax SNOW Option Income Strategy ETF has a 12-month low of $6.17 and a 12-month high of $17.39. The stock has a 50 day moving average price of $8.83 and a 200 day moving average price of $9.54.

YieldMax SNOW Option Income Strategy ETF Company Profile

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.