Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Decreases By 49.4%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 17,287 shares, a decline of 49.4% from the December 15th total of 34,156 shares. Currently, 0.4% of the company’s shares are short sold. Based on an average daily volume of 79,561 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 79,561 shares, the short-interest ratio is presently 0.2 days. Currently, 0.4% of the company’s shares are short sold.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent quarter.

YieldMax TSM Option Income Strategy ETF Stock Performance

NYSEARCA TSMY remained flat at $16.73 on Friday. The company’s stock had a trading volume of 117,700 shares, compared to its average volume of 83,881. The company’s fifty day moving average price is $15.66 and its 200 day moving average price is $16.08. YieldMax TSM Option Income Strategy ETF has a 12-month low of $12.10 and a 12-month high of $20.56.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 16th. Investors of record on Thursday, January 15th were paid a $0.1104 dividend. The ex-dividend date of this dividend was Thursday, January 15th. This represents a yield of 4,311.0%.

YieldMax TSM Option Income Strategy ETF Company Profile

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.