YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNY) Shares Cross Below 50-Day Moving Average – Here’s What Happened

YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNY – Get Free Report)’s share price passed below its 50-day moving average during trading on Friday. The stock has a 50-day moving average of $39.71 and traded as low as $38.43. YieldMax MRNA Option Income Strategy ETF shares last traded at $38.68, with a volume of 389,506 shares changing hands.

YieldMax MRNA Option Income Strategy ETF Trading Down 3.6%

The firm’s 50-day moving average price is $39.71 and its 200-day moving average price is $24.10.

YieldMax MRNA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax MRNA Option Income Strategy ETF (MRNY) is an exchange-traded fund that mostly invests in health care equity. The fund seeks to provide current income and capped gains on the Moderna stock (MRNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MRNY was launched on Oct 23, 2023 and is issued by YieldMax.

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