YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Shares Shorted: Short Interest Down 85.1% in October

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant decrease in short interest in October. As of October 30th, there was short interest totaling 8,866 shares, a decrease of 85.1% from the October 15th total of 59,427 shares. Based on an average daily volume of 91,834 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the company’s shares are sold short.

YieldMax TSM Option Income Strategy ETF Price Performance

Shares of NYSEARCA TSMY opened at $13.27 on Wednesday. The company’s fifty day moving average is $14.82 and its 200-day moving average is $15.82. YieldMax TSM Option Income Strategy ETF has a twelve month low of $11.85 and a twelve month high of $18.02.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. boosted its holdings in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after acquiring an additional 11,899 shares during the period. Sunbelt Securities Inc. owned approximately 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 as of its most recent filing with the Securities and Exchange Commission.

YieldMax TSM Option Income Strategy ETF Company Profile

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.