YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Stock Short Interest Report for October

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant growth in short interest in October. As of October 15th, there was short interest totaling 59,427 shares, a growth of 491.6% from the September 30th total of 10,045 shares. Based on an average daily trading volume, of 178,867 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.8% of the shares of the stock are sold short.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. grew its position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after purchasing an additional 11,899 shares during the period. Sunbelt Securities Inc. owned approximately 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 Performance

Shares of NYSEARCA:TSMY opened at $14.29 on Tuesday. The firm has a fifty day moving average price of $15.16 and a 200 day moving average price of $15.97. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $13.82 and a fifty-two week high of $18.02.

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.