Short Interest in YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Drops By 50.0%

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) was the target of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 1,100 shares, a decrease of 50.0% from the August 31st total of 2,200 shares. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 0.1 days. Based on an average daily volume of 9,100 shares, the short-interest ratio is currently 0.1 days.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Up 0.1%

FIVY opened at $38.82 on Monday. The firm has a 50-day simple moving average of $38.52 and a two-hundred day simple moving average of $38.11. YieldMax Dorsey Wright Hybrid 5 Income ETF has a 52 week low of $31.41 and a 52 week high of $52.51. The company has a market capitalization of $10.87 million and a PE ratio of 27.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Thursday, October 2nd were issued a dividend of $1.0536 per share. This represents a c) annualized dividend and a dividend yield of 32.6%. The ex-dividend date of this dividend was Thursday, October 2nd.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax Dorsey Wright Hybrid 5 Income ETF stock. OLD Mission Capital LLC acquired a new stake in shares of YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 5,934 shares of the company’s stock, valued at approximately $217,000. OLD Mission Capital LLC owned about 2.37% of YieldMax Dorsey Wright Hybrid 5 Income ETF as of its most recent SEC filing.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys.