YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Up 129.3% in October

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 182,100 shares, a growth of 129.3% from the September 30th total of 79,400 shares. Based on an average daily trading volume, of 461,000 shares, the short-interest ratio is currently 0.4 days. Currently, 0.9% of the shares of the stock are short sold. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 461,000 shares, the short-interest ratio is currently 0.4 days.

YieldMax AMZN Option Income Strategy ETF Stock Performance

Shares of YieldMax AMZN Option Income Strategy ETF stock opened at $13.92 on Friday. YieldMax AMZN Option Income Strategy ETF has a fifty-two week low of $13.61 and a fifty-two week high of $21.08. The company’s 50 day moving average price is $14.73 and its two-hundred day moving average price is $15.38.

YieldMax AMZN Option Income Strategy ETF Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, October 31st. Stockholders of record on Thursday, October 30th will be paid a $0.255 dividend. The ex-dividend date of this dividend is Thursday, October 30th. This represents a dividend yield of 7,494.0%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Westend Capital Management LLC increased its stake in shares of YieldMax AMZN Option Income Strategy ETF by 234.2% in the third quarter. Westend Capital Management LLC now owns 14,813 shares of the company’s stock valued at $211,000 after buying an additional 10,380 shares during the period. Meadowbrook Wealth Management LLC acquired a new position in shares of YieldMax AMZN Option Income Strategy ETF in the third quarter valued at approximately $246,000. Captrust Financial Advisors acquired a new position in shares of YieldMax AMZN Option Income Strategy ETF in the second quarter valued at approximately $253,000. Finally, OLD Mission Capital LLC increased its stake in shares of YieldMax AMZN Option Income Strategy ETF by 114.1% in the first quarter. OLD Mission Capital LLC now owns 47,080 shares of the company’s stock valued at $755,000 after buying an additional 25,086 shares during the period.

YieldMax AMZN Option Income Strategy ETF Company Profile

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys.