Short Interest in YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Expands By 78.6%

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 21,251 shares, a growth of 78.6% from the April 30th total of 11,900 shares. Based on an average daily volume of 3,409 shares, the short-interest ratio is currently 6.2 days. Currently, 4.2% of the shares of the stock are short sold.

YieldMax ABNB Option Income Strategy ETF Stock Up 2.7%

NYSEARCA:ABNY opened at $40.98 on Tuesday. The stock’s 50-day simple moving average is $41.71 and its 200 day simple moving average is $43.62. YieldMax ABNB Option Income Strategy ETF has a twelve month low of $39.38 and a twelve month high of $63.10.

YieldMax ABNB Option Income Strategy ETF Company Profile

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.