YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Short Interest Update

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 127,251 shares, an increase of 70.6% from the November 30th total of 74,602 shares. Approximately 2.3% of the company’s stock are short sold. Based on an average trading volume of 133,064 shares, the short-interest ratio is currently 1.0 days. Based on an average trading volume of 133,064 shares, the short-interest ratio is currently 1.0 days. Approximately 2.3% of the company’s stock are short sold.

YieldMax SNOW Option Income Strategy ETF Trading Up 0.6%

Shares of NYSEARCA SNOY traded up $0.07 during midday trading on Friday, hitting $12.43. 99,425 shares of the stock traded hands, compared to its average volume of 158,326. YieldMax SNOW Option Income Strategy ETF has a one year low of $11.89 and a one year high of $20.67. The business has a 50 day moving average price of $14.15 and a two-hundred day moving average price of $15.21.

YieldMax SNOW Option Income Strategy ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were issued a dividend of $0.3875 per share. The ex-dividend date was Thursday, December 18th. This represents a yield of 4,366.0%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in YieldMax SNOW Option Income Strategy ETF stock. Westend Capital Management LLC lifted its holdings in shares of YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) by 50.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 7,609 shares of the company’s stock after acquiring an additional 2,538 shares during the period. Westend Capital Management LLC owned approximately 0.11% of YieldMax SNOW Option Income Strategy ETF worth $131,000 at the end of the most recent reporting period.

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.