YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Short Interest Update

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) was the recipient of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 16,300 shares, a growth of 676.2% from the August 31st total of 2,100 shares. Based on an average trading volume of 54,100 shares, the short-interest ratio is presently 0.3 days. Based on an average trading volume of 54,100 shares, the short-interest ratio is presently 0.3 days.

YieldMax PYPL Option Income Strategy ETF Price Performance

Shares of NYSEARCA:PYPY opened at $10.85 on Friday. The business’s fifty day moving average price is $11.22 and its two-hundred day moving average price is $12.27. YieldMax PYPL Option Income Strategy ETF has a fifty-two week low of $10.46 and a fifty-two week high of $19.74. The stock has a market capitalization of $51.54 million, a price-to-earnings ratio of 18.19 and a beta of 1.08.

Institutional Trading of YieldMax PYPL Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax PYPL Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new position in YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 13,812 shares of the company’s stock, valued at approximately $181,000. OLD Mission Capital LLC owned approximately 0.36% of YieldMax PYPL Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

About YieldMax PYPL Option Income Strategy ETF

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.