YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Sees Significant Decrease in Short Interest

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) saw a significant decrease in short interest in the month of December. As of December 31st, there was short interest totaling 128,228 shares, a decrease of 43.3% from the December 15th total of 225,992 shares. Based on an average trading volume of 143,331 shares, the short-interest ratio is presently 0.9 days. Approximately 1.1% of the shares of the company are short sold. Approximately 1.1% of the shares of the company are short sold. Based on an average trading volume of 143,331 shares, the short-interest ratio is presently 0.9 days.

YieldMax META Option Income Strategy ETF Trading Down 0.2%

NYSEARCA FBY traded down $0.02 during trading hours on Friday, reaching $11.80. 139,356 shares of the company’s stock were exchanged, compared to its average volume of 129,287. The stock has a market cap of $131.57 million, a PE ratio of 26.70 and a beta of 1.29. The firm has a fifty day moving average of $12.59 and a 200-day moving average of $14.80. YieldMax META Option Income Strategy ETF has a one year low of $11.68 and a one year high of $21.25.

YieldMax META Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 16th. Shareholders of record on Thursday, January 15th will be given a dividend of $0.0583 per share. The ex-dividend date is Thursday, January 15th. This represents a yield of 2,565.0%.

YieldMax META Option Income Strategy ETF Company Profile

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.