YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Update

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 14,445 shares, a decrease of 57.5% from the August 15th total of 33,955 shares. Based on an average daily volume of 142,683 shares, the short-interest ratio is presently 0.1 days. Currently, 0.2% of the company’s stock are sold short.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. boosted its position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after acquiring an additional 11,899 shares during the quarter. Sunbelt Securities Inc. owned 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 at the end of the most recent reporting period.

YieldMax TSM Option Income Strategy ETF Stock Down 1.1%

TSMY stock traded down $0.17 during mid-day trading on Tuesday, reaching $14.70. The company had a trading volume of 97,562 shares, compared to its average volume of 172,299. YieldMax TSM Option Income Strategy ETF has a 52 week low of $14.18 and a 52 week high of $18.02. The stock has a 50 day simple moving average of $15.39 and a two-hundred day simple moving average of $16.02.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.