Short Interest in YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Decreases By 78.3%

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) saw a significant decrease in short interest during the month of December. As of December 15th, there was short interest totaling 4,593,608 shares, a decrease of 78.3% from the November 30th total of 21,195,964 shares. Based on an average trading volume of 2,634,610 shares, the short-interest ratio is presently 1.7 days. Currently, 8.1% of the company’s stock are sold short. Currently, 8.1% of the company’s stock are sold short. Based on an average trading volume of 2,634,610 shares, the short-interest ratio is presently 1.7 days.

Institutional Investors Weigh In On YieldMax MSTR Option Income Strategy ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in MSTY. FNY Investment Advisers LLC raised its position in shares of YieldMax MSTR Option Income Strategy ETF by 355.6% in the 2nd quarter. FNY Investment Advisers LLC now owns 8,200 shares of the company’s stock valued at $181,000 after purchasing an additional 6,400 shares during the last quarter. Fiduciary Alliance LLC grew its position in YieldMax MSTR Option Income Strategy ETF by 35.4% during the 3rd quarter. Fiduciary Alliance LLC now owns 102,622 shares of the company’s stock worth $1,433,000 after purchasing an additional 26,855 shares during the last quarter. Jump Financial LLC purchased a new stake in YieldMax MSTR Option Income Strategy ETF during the 2nd quarter worth approximately $9,424,000. ORG Partners LLC acquired a new position in YieldMax MSTR Option Income Strategy ETF during the 2nd quarter valued at approximately $191,000. Finally, Maripau Wealth Management LLC purchased a new position in shares of YieldMax MSTR Option Income Strategy ETF in the second quarter worth $1,017,000.

YieldMax MSTR Option Income Strategy ETF Price Performance

NYSEARCA MSTY traded down $0.47 on Friday, hitting $30.63. The stock had a trading volume of 1,627,842 shares, compared to its average volume of 1,830,070. The business’s fifty day moving average price is $41.72 and its 200 day moving average price is $73.26. YieldMax MSTR Option Income Strategy ETF has a 52-week low of $29.83 and a 52-week high of $159.80.

YieldMax MSTR Option Income Strategy ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be paid a dividend of $3.037 per share. This represents a yield of 8,668.0%. The ex-dividend date is Friday, December 26th.

YieldMax MSTR Option Income Strategy ETF Company Profile

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.