YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Update

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 22,968 shares, a drop of 76.7% from the January 29th total of 98,575 shares. Approximately 0.6% of the company’s stock are short sold. Based on an average daily trading volume, of 140,043 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily trading volume, of 140,043 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.6% of the company’s stock are short sold.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

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

YieldMax TSM Option Income Strategy ETF Trading Down 0.4%

Shares of TSMY traded down $0.07 on Friday, reaching $17.16. The company’s stock had a trading volume of 1,942,629 shares, compared to its average volume of 185,900. YieldMax TSM Option Income Strategy ETF has a twelve month low of $12.10 and a twelve month high of $17.96. The firm has a fifty day moving average of $16.36 and a 200-day moving average of $16.14.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were issued a $0.1104 dividend. This represents a dividend yield of 5,158.0%. The ex-dividend date was Thursday, February 26th.

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.