YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Shares Shorted: Short Interest Down 56.6% in September

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the target of a significant drop in short interest in September. As of September 30th, there was short interest totaling 975,462 shares, a drop of 56.6% from the September 15th total of 2,247,081 shares. Approximately 3.6% of the company’s stock are short sold. Based on an average daily volume of 1,067,282 shares, the short-interest ratio is presently 0.9 days.

YieldMax SMCI Option Income Strategy ETF Stock Down 1.8%

YieldMax SMCI Option Income Strategy ETF stock traded down $0.09 during midday trading on Tuesday, hitting $5.03. The stock had a trading volume of 1,327,580 shares, compared to its average volume of 1,255,212. The business has a fifty day moving average price of $5.29 and a 200 day moving average price of $5.55. YieldMax SMCI Option Income Strategy ETF has a 12 month low of $3.99 and a 12 month high of $16.90.

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.