Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Rises By 65.2%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 30,900 shares, a growth of 65.2% from the September 30th total of 18,700 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 136,100 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 136,100 shares, the short-interest ratio is currently 0.2 days. Currently, 0.8% of the company’s stock are short sold.

YieldMax TSM Option Income Strategy ETF Price Performance

NYSEARCA:TSMY opened at $16.59 on Monday. YieldMax TSM Option Income Strategy ETF has a 1-year low of $12.10 and a 1-year high of $20.88. The business’s fifty day moving average price is $16.41 and its 200 day moving average price is $15.90.

YieldMax TSM Option Income Strategy ETF Announces Dividend

The company also recently announced a dividend, which was paid on Friday, October 24th. Shareholders of record on Thursday, October 23rd were paid a $0.2289 dividend. The ex-dividend date was Thursday, October 23rd. This represents a yield of 10,822.0%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax TSM Option Income Strategy ETF stock. OLD Mission Capital LLC raised its position in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 294.3% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 87,392 shares of the company’s stock after purchasing an additional 65,230 shares during the quarter. OLD Mission Capital LLC owned approximately 2.98% of YieldMax TSM Option Income Strategy ETF worth $1,280,000 at the end of the most recent quarter.

YieldMax TSM Option Income Strategy ETF Company Profile

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys.