YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Down 59.8% in May

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the target of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totaling 30,265 shares, a decrease of 59.8% from the April 30th total of 75,211 shares. Based on an average trading volume of 174,882 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.5% of the company’s shares are short sold.

YieldMax TSM Option Income Strategy ETF Trading Down 1.1%

Shares of NYSEARCA TSMY traded down $0.19 during mid-day trading on Friday, reaching $16.70. The company had a trading volume of 146,684 shares, compared to its average volume of 175,866. The business’s 50-day moving average is $16.13 and its 200-day moving average is $16.05. YieldMax TSM Option Income Strategy ETF has a 52 week low of $14.30 and a 52 week high of $17.96.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned approximately 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax TSM Option Income Strategy ETF

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.