Short Interest in YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Decreases By 35.8%

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the target of a large decline in short interest in December. As of December 31st, there was short interest totaling 607,277 shares, a decline of 35.8% from the December 15th total of 945,690 shares. Currently, 2.9% of the company’s stock are short sold. Based on an average daily volume of 1,187,326 shares, the short-interest ratio is currently 0.5 days. Based on an average daily volume of 1,187,326 shares, the short-interest ratio is currently 0.5 days. Currently, 2.9% of the company’s stock are short sold.

YieldMax SMCI Option Income Strategy ETF Price Performance

Shares of SMCY traded up $0.55 during midday trading on Friday, reaching $8.56. 4,879,010 shares of the stock were exchanged, compared to its average volume of 1,928,094. YieldMax SMCI Option Income Strategy ETF has a 52 week low of $7.67 and a 52 week high of $36.88. The company’s 50 day moving average is $9.03 and its two-hundred day moving average is $14.18.

YieldMax SMCI Option Income Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, January 16th. Investors of record on Thursday, January 15th were issued a dividend of $0.0728 per share. This represents a yield of 5,583.0%. The ex-dividend date of this dividend was Thursday, January 15th.

Institutional Trading of YieldMax SMCI Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax SMCI Option Income Strategy ETF stock. FNY Investment Advisers LLC lifted its position in YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) by 278.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 5,300 shares of the company’s stock after buying an additional 3,900 shares during the period. FNY Investment Advisers LLC’s holdings in YieldMax SMCI Option Income Strategy ETF were worth $42,000 as of its most recent SEC filing.

YieldMax SMCI Option Income Strategy ETF Company Profile

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.