YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK) Short Interest Update

YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 78,022 shares, a drop of 79.6% from the November 30th total of 381,730 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily volume of 25,092 shares, the short-interest ratio is currently 3.1 days. Based on an average daily volume of 25,092 shares, the short-interest ratio is currently 3.1 days. Approximately 3.9% of the company’s shares are sold short.

YieldMax Innovation Option Income Strategy ETF Stock Up 0.4%

Shares of NYSEARCA OARK traded up $0.17 during trading on Thursday, hitting $37.95. 5,055 shares of the company traded hands, compared to its average volume of 31,855. The company has a 50-day moving average price of $40.09 and a 200-day moving average price of $42.66. YieldMax Innovation Option Income Strategy ETF has a 1 year low of $31.70 and a 1 year high of $56.15.

YieldMax Innovation Option Income Strategy ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were paid a dividend of $1.0685 per share. The ex-dividend date was Thursday, December 18th. This represents a yield of 4,069.0%.

YieldMax Innovation Option Income Strategy ETF Company Profile

The YieldMax ARKK Option Income Strategy ETF (OARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to provide current income and capped gains on the ARK Innovation ETF (ARKK) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. OARK was launched on Nov 22, 2022 and is managed by YieldMax.