YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Sees Significant Increase in Short Interest

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) saw a large growth in short interest in February. As of February 13th, there was short interest totaling 20,554 shares, a growth of 19.0% from the January 29th total of 17,274 shares. Based on an average trading volume of 28,489 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 28,489 shares, the short-interest ratio is currently 0.7 days.

YieldMax JPM Option Income Strategy ETF Price Performance

Shares of YieldMax JPM Option Income Strategy ETF stock traded down $0.12 during trading on Thursday, hitting $14.25. 35,177 shares of the stock were exchanged, compared to its average volume of 48,864. The firm’s 50-day moving average price is $15.16 and its 200 day moving average price is $15.99. YieldMax JPM Option Income Strategy ETF has a 12-month low of $13.64 and a 12-month high of $18.33.

YieldMax JPM 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 $0.0542 per share. This represents a dividend yield of 2,605.0%. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax JPM Option Income Strategy ETF Company Profile

The YieldMax JPM Option Income Strategy ETF (JPMO) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the JPMorgan Chase & Co stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys JPMO was launched on Sep 11, 2023 and is issued by YieldMax.