Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Rises By 65.8%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large increase in short interest in the month of January. As of January 15th, there was short interest totaling 28,664 shares, an increase of 65.8% from the December 31st total of 17,287 shares. Approximately 0.7% of the shares of the company are sold short. Based on an average daily volume of 80,552 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily volume of 80,552 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.7% of the shares of the company are sold short.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. acquired a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 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 reporting period.

YieldMax TSM Option Income Strategy ETF Trading Down 1.9%

YieldMax TSM Option Income Strategy ETF stock traded down $0.31 during midday trading on Friday, reaching $15.96. 82,278 shares of the company’s stock were exchanged, compared to its average volume of 117,278. The stock’s 50-day simple moving average is $15.79 and its 200 day simple moving average is $16.06. YieldMax TSM Option Income Strategy ETF has a 52 week low of $12.10 and a 52 week high of $18.90.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a dividend of $0.1104 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a dividend yield of 4,046.0%.

About YieldMax TSM Option Income Strategy ETF

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.