YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Sees Large Drop in Short Interest

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totaling 418,681 shares, a decline of 80.6% from the November 30th total of 2,162,575 shares. Based on an average daily volume of 312,574 shares, the days-to-cover ratio is currently 1.3 days. Currently, 9.2% of the shares of the stock are short sold. Currently, 9.2% of the shares of the stock are short sold. Based on an average daily volume of 312,574 shares, the days-to-cover ratio is currently 1.3 days.

Institutional Trading of YieldMax AMD Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC purchased a new stake in shares of YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned 0.16% of YieldMax AMD Option Income Strategy ETF at the end of the most recent quarter.

YieldMax AMD Option Income Strategy ETF Stock Down 1.0%

Shares of AMDY traded down $0.37 during mid-day trading on Friday, hitting $38.01. The company had a trading volume of 129,352 shares, compared to its average volume of 200,611. YieldMax AMD Option Income Strategy ETF has a 1-year low of $29.13 and a 1-year high of $53.85. The business’s 50-day simple moving average is $42.87 and its 200-day simple moving average is $42.13. The stock has a market cap of $173.71 million, a PE ratio of 75.84 and a beta of 1.80.

YieldMax AMD Option Income Strategy ETF Announces Dividend

The firm also recently declared a dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be given a dividend of $0.95 per share. This represents a yield of 5,634.0%. The ex-dividend date of this dividend is Friday, December 26th.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.