YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Short Interest Up 257.1% in October

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 40,000 shares, a growth of 257.1% from the September 30th total of 11,200 shares. Based on an average trading volume of 118,200 shares, the days-to-cover ratio is presently 0.3 days. Currently, 1.0% of the company’s stock are sold short. Currently, 1.0% of the company’s stock are sold short. Based on an average trading volume of 118,200 shares, the days-to-cover ratio is presently 0.3 days.

Institutional Trading of YieldMax BABA Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax BABA Option Income Strategy ETF stock. OLD Mission Capital LLC grew its holdings in shares of YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) by 126.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 28,350 shares of the company’s stock after purchasing an additional 15,838 shares during the period. OLD Mission Capital LLC owned 1.24% of YieldMax BABA Option Income Strategy ETF worth $563,000 as of its most recent SEC filing.

YieldMax BABA Option Income Strategy ETF Trading Down 0.4%

NYSEARCA BABO opened at $16.32 on Wednesday. YieldMax BABA Option Income Strategy ETF has a 12 month low of $14.09 and a 12 month high of $24.00. The company’s fifty day moving average price is $16.86 and its two-hundred day moving average price is $16.25.

YieldMax BABA Option Income Strategy ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 24th. Shareholders of record on Thursday, October 23rd were issued a dividend of $0.135 per share. This represents a dividend yield of 10,034.0%. The ex-dividend date of this dividend was Thursday, October 23rd.

YieldMax BABA Option Income Strategy ETF Company Profile

The YieldMax BABA Option Income Strategy ETF (BABO) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys.