YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Short Interest Down 12.7% in January

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) saw a large decrease in short interest in the month of January. As of January 30th, there was short interest totaling 121,708 shares, a decrease of 12.7% from the January 15th total of 139,467 shares. Currently, 8.1% of the company’s shares are short sold. Based on an average trading volume of 59,722 shares, the days-to-cover ratio is presently 2.0 days. Based on an average trading volume of 59,722 shares, the days-to-cover ratio is presently 2.0 days. Currently, 8.1% of the company’s shares are short sold.

Hedge Funds Weigh In On YieldMax Short COIN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax Short COIN Option Income Strategy ETF stock. Moloney Securities Asset Management LLC bought a new position in YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,000 shares of the company’s stock, valued at approximately $34,000. Moloney Securities Asset Management LLC owned about 0.10% of YieldMax Short COIN Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax Short COIN Option Income Strategy ETF Trading Up 1.4%

Shares of FIAT stock opened at $31.82 on Thursday. YieldMax Short COIN Option Income Strategy ETF has a fifty-two week low of $22.80 and a fifty-two week high of $97.70. The stock has a 50 day moving average price of $28.26 and a two-hundred day moving average price of $28.29.

YieldMax Short COIN Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which will be paid on Friday, February 20th. Shareholders of record on Thursday, February 19th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Thursday, February 19th. This represents a yield of 9,887.0%.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.