YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Up 807.4% in February

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the target of a large growth in short interest in February. As of February 27th, there was short interest totaling 208,411 shares, a growth of 807.4% from the February 12th total of 22,968 shares. Based on an average daily volume of 389,455 shares, the days-to-cover ratio is currently 0.5 days. Currently, 5.1% of the company’s shares are sold short. Currently, 5.1% of the company’s shares are sold short. Based on an average daily volume of 389,455 shares, the days-to-cover ratio is currently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. lifted its stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 188.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,079 shares of the company’s stock after purchasing an additional 5,929 shares during the quarter. Sunbelt Securities Inc. owned 0.22% of YieldMax TSM Option Income Strategy ETF worth $141,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

YieldMax TSM Option Income Strategy ETF Trading Down 5.3%

Shares of TSMY traded down $0.85 during trading hours on Thursday, reaching $15.22. 111,669 shares of the company traded hands, compared to its average volume of 175,289. YieldMax TSM Option Income Strategy ETF has a 12 month low of $12.10 and a 12 month high of $17.96. The company’s fifty day moving average price is $16.47 and its two-hundred day moving average price is $16.17.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.1104 per share. This represents a yield of 5,158.0%. The ex-dividend date of this dividend was Thursday, February 26th.

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.