YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Short Interest Up 66.3% in August

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) was the recipient of a large increase in short interest in August. As of August 14th, there was short interest totaling 4,805,641 shares, an increase of 66.3% from the July 30th total of 2,888,911 shares. Based on an average trading volume of 1,362,669 shares, the short-interest ratio is presently 3.5 days. Approximately 8.1% of the shares of the stock are short sold.

YieldMax MSTR Option Income Strategy ETF Trading Down 5.0%

MSTY stock traded down $0.77 during mid-day trading on Tuesday, hitting $14.58. 1,670,185 shares of the stock were exchanged, compared to its average volume of 1,521,072. The business has a fifty day moving average price of $13.12 and a 200 day moving average price of $19.25. YieldMax MSTR Option Income Strategy ETF has a 12 month low of $11.53 and a 12 month high of $82.10.

Institutional Investors Weigh In On YieldMax MSTR Option Income Strategy ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors bought a new position in YieldMax MSTR Option Income Strategy ETF in the 2nd quarter worth about $341,000. NewEdge Advisors LLC bought a new position in shares of YieldMax MSTR Option Income Strategy ETF in the third quarter worth approximately $180,000. Sunbelt Securities Inc. bought a new position in shares of YieldMax MSTR Option Income Strategy ETF in the third quarter worth about $216,000. Farther Finance Advisors LLC grew its stake in YieldMax MSTR Option Income Strategy ETF by 2,785.7% during the fourth quarter. Farther Finance Advisors LLC now owns 1,010 shares of the company’s stock valued at $30,000 after acquiring an additional 975 shares in the last quarter. Finally, Cornerstone Planning Group LLC grew its holdings in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock valued at $89,000 after buying an additional 3,022 shares in the last quarter.

About YieldMax MSTR Option Income Strategy ETF

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.