YieldMax MARA Option Income Strategy ETF (NYSEARCA:MARO – Get Free Report) was the recipient of a large increase in short interest in May. As of May 29th, there was short interest totaling 154,058 shares, an increase of 276.3% from the May 14th total of 40,945 shares. Approximately 1.5% of the shares of the stock are sold short. Based on an average daily volume of 447,491 shares, the days-to-cover ratio is presently 0.3 days.
Institutional Investors Weigh In On YieldMax MARA Option Income Strategy ETF
A hedge fund recently bought a new stake in YieldMax MARA Option Income Strategy ETF stock. FNY Investment Advisers LLC bought a new stake in YieldMax MARA Option Income Strategy ETF (NYSEARCA:MARO – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 5,000 shares of the company’s stock, valued at approximately $38,000. FNY Investment Advisers LLC owned approximately 0.08% of YieldMax MARA Option Income Strategy ETF as of its most recent filing with the SEC.
YieldMax MARA Option Income Strategy ETF Trading Up 1.8%
Shares of MARO stock traded up $0.11 during trading hours on Friday, reaching $6.21. The company’s stock had a trading volume of 411,472 shares, compared to its average volume of 327,396. The firm’s 50 day simple moving average is $6.33 and its 200-day simple moving average is $7.00. YieldMax MARA Option Income Strategy ETF has a fifty-two week low of $5.04 and a fifty-two week high of $27.06.
About YieldMax MARA Option Income Strategy ETF
The YieldMax MARA Option Income Strategy ETF (MARO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MARA Holdings, Inc stock (MARA) through a synthetic covered call strategy, collateralized by cash and US Treasurys MARO was launched on Dec 9, 2024 and is issued by YieldMax.
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