YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Sees Large Decrease in Short Interest

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was the recipient of a large decline in short interest during the month of April. As of April 30th, there was short interest totaling 8,481 shares, a decline of 61.9% from the April 15th total of 22,234 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average daily volume of 99,116 shares, the days-to-cover ratio is presently 0.1 days.

YieldMax XOM Option Income Strategy ETF Stock Performance

NYSEARCA:XOMO traded up $0.37 on Friday, hitting $12.20. 99,075 shares of the stock were exchanged, compared to its average volume of 160,526. YieldMax XOM Option Income Strategy ETF has a 52 week low of $11.32 and a 52 week high of $14.14. The company’s 50-day moving average price is $12.65 and its 200 day moving average price is $12.32.

YieldMax XOM Option Income Strategy ETF Company Profile

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.