YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Down 41.0% in August

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 90,743 shares, a drop of 41.0% from the August 15th total of 153,910 shares. Based on an average daily trading volume, of 58,913 shares, the days-to-cover ratio is presently 1.5 days. Approximately 2.6% of the company’s stock are short sold.

YieldMax XOM Option Income Strategy ETF Stock Down 0.6%

Shares of NYSEARCA:XOMO traded down $0.07 during midday trading on Thursday, reaching $10.88. 64,402 shares of the company’s stock were exchanged, compared to its average volume of 112,103. YieldMax XOM Option Income Strategy ETF has a fifty-two week low of $10.38 and a fifty-two week high of $14.14. The firm’s 50 day simple moving average is $11.12 and its two-hundred day simple moving average is $11.73.

About YieldMax XOM Option Income Strategy ETF

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.