YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Short Interest Down 36.8% in February

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) was the target of a large drop in short interest during the month of February. As of February 13th, there was short interest totaling 61,949 shares, a drop of 36.8% from the January 29th total of 98,070 shares. Based on an average trading volume of 40,756 shares, the days-to-cover ratio is currently 1.5 days. Approximately 1.9% of the company’s shares are short sold. Approximately 1.9% of the company’s shares are short sold. Based on an average trading volume of 40,756 shares, the days-to-cover ratio is currently 1.5 days.

YieldMax AI Option Income Strategy ETF Price Performance

Shares of AIYY traded down $0.60 during trading on Friday, reaching $10.21. 1,004,901 shares of the company traded hands, compared to its average volume of 82,842. The stock has a 50-day simple moving average of $15.48 and a 200-day simple moving average of $21.14. YieldMax AI Option Income Strategy ETF has a twelve month low of $10.20 and a twelve month high of $56.55.

YieldMax AI Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a dividend of $0.1894 per share. This represents a dividend yield of 7,394.0%. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax AI Option Income Strategy ETF Company Profile

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.