YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Update

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 700,710 shares, a drop of 14.8% from the January 15th total of 822,487 shares. Based on an average daily volume of 442,617 shares, the short-interest ratio is currently 1.6 days. Currently, 3.6% of the shares of the company are short sold. Currently, 3.6% of the shares of the company are short sold. Based on an average daily volume of 442,617 shares, the short-interest ratio is currently 1.6 days.

Hedge Funds Weigh In On YieldMax AMZN Option Income Strategy ETF

Several large investors have recently modified their holdings of AMZY. Westend Capital Management LLC boosted 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. Captrust Financial Advisors acquired a new stake in shares of YieldMax AMZN Option Income Strategy ETF during the 2nd quarter worth $253,000. Finally, Meadowbrook Wealth Management LLC bought a new position in shares of YieldMax AMZN Option Income Strategy ETF in the third quarter worth $246,000.

YieldMax AMZN Option Income Strategy ETF Price Performance

Shares of NYSEARCA AMZY opened at $11.02 on Tuesday. The business’s 50 day moving average price is $12.97 and its two-hundred day moving average price is $14.03. YieldMax AMZN Option Income Strategy ETF has a twelve month low of $10.95 and a twelve month high of $18.88.

YieldMax AMZN Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 13th. Shareholders of record on Thursday, February 12th were issued a dividend of $0.0655 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a yield of 3,671.0%.

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. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.