Short Interest in YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Declines By 67.6%

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) saw a large drop in short interest in April. As of April 30th, there was short interest totaling 48,702 shares, a drop of 67.6% from the April 15th total of 150,242 shares. Based on an average daily volume of 100,885 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the shares of the company are sold short.

YieldMax MSFT Option Income Strategy ETF Price Performance

Shares of NYSEARCA:MSFO traded up $0.31 during trading on Friday, hitting $12.29. 159,449 shares of the stock were exchanged, compared to its average volume of 132,105. YieldMax MSFT Option Income Strategy ETF has a 1-year low of $11.14 and a 1-year high of $18.75. The company’s fifty day simple moving average is $12.19 and its 200-day simple moving average is $14.01.

YieldMax MSFT Option Income Strategy ETF Company Profile

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.