YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Short Interest Down 15.3% in February

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) saw a significant decrease in short interest during the month of February. As of February 27th, there was short interest totaling 191,559 shares, a decrease of 15.3% from the February 12th total of 226,229 shares. Approximately 4.8% of the shares of the stock are sold short. Based on an average daily volume of 239,715 shares, the short-interest ratio is presently 0.8 days. Based on an average daily volume of 239,715 shares, the short-interest ratio is presently 0.8 days. Approximately 4.8% of the shares of the stock are sold short.

YieldMax SNOW Option Income Strategy ETF Trading Down 0.7%

Shares of NYSEARCA:SNOY traded down $0.06 during midday trading on Monday, hitting $9.07. 26,838 shares of the stock were exchanged, compared to its average volume of 95,974. YieldMax SNOW Option Income Strategy ETF has a twelve month low of $8.28 and a twelve month high of $17.81. The company has a 50 day moving average price of $10.14 and a 200-day moving average price of $12.99.

YieldMax SNOW Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were given a $0.0868 dividend. The ex-dividend date was Thursday, February 26th. This represents a dividend yield of 4,694.0%.

YieldMax SNOW Option Income Strategy ETF Company Profile

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.