YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Sees Significant Decline in Short Interest

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) saw a significant drop in short interest in the month of December. As of December 15th, there was short interest totaling 122,381 shares, a drop of 17.9% from the November 30th total of 148,998 shares. Based on an average daily volume of 86,974 shares, the days-to-cover ratio is currently 1.4 days. Approximately 3.6% of the shares of the company are sold short. Approximately 3.6% of the shares of the company are sold short. Based on an average daily volume of 86,974 shares, the days-to-cover ratio is currently 1.4 days.

YieldMax AI Option Income Strategy ETF Stock Down 1.9%

NYSEARCA AIYY traded down $0.33 on Wednesday, hitting $17.38. 53,297 shares of the company’s stock were exchanged, compared to its average volume of 128,209. YieldMax AI Option Income Strategy ETF has a 52 week low of $17.27 and a 52 week high of $92.90. The stock has a 50-day moving average of $20.48 and a 200-day moving average of $28.99.

YieldMax AI Option Income Strategy ETF Announces Dividend

The company also recently declared a dividend, which was paid on Monday, December 29th. Stockholders of record on Friday, December 26th were paid a $0.903 dividend. This represents a dividend yield of 6,078.0%. The ex-dividend date was Friday, December 26th.

About YieldMax AI Option Income Strategy ETF

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.