YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) Short Interest Update

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) was the target of a large drop in short interest during the month of September. As of September 15th, there was short interest totaling 133,300 shares, a drop of 26.5% from the August 31st total of 181,400 shares. Based on an average daily volume of 348,800 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 348,800 shares, the short-interest ratio is presently 0.4 days.

YieldMax Bitcoin Option Income ETF Stock Up 1.4%

Shares of NYSEARCA YBIT opened at $10.22 on Tuesday. The stock’s fifty day moving average price is $10.13 and its two-hundred day moving average price is $10.38. YieldMax Bitcoin Option Income ETF has a one year low of $9.04 and a one year high of $15.96.

Hedge Funds Weigh In On YieldMax Bitcoin Option Income ETF

A hedge fund recently raised its stake in YieldMax Bitcoin Option Income ETF stock. OLD Mission Capital LLC increased its holdings in shares of YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) by 624.6% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,183 shares of the company’s stock after acquiring an additional 102,736 shares during the quarter. OLD Mission Capital LLC owned about 1.09% of YieldMax Bitcoin Option Income ETF worth $1,169,000 as of its most recent filing with the SEC.

YieldMax Bitcoin Option Income ETF Company Profile

The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.