YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) Short Interest Up 668.6% in October

YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 229,800 shares, a growth of 668.6% from the September 30th total of 29,900 shares. Based on an average daily volume of 237,000 shares, the days-to-cover ratio is currently 1.0 days. Approximately 6.2% of the company’s stock are short sold. Approximately 6.2% of the company’s stock are short sold. Based on an average daily volume of 237,000 shares, the days-to-cover ratio is currently 1.0 days.

Institutional Trading of YieldMax HOOD Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax HOOD Option Income Strategy ETF stock. J.Safra Asset Management Corp purchased a new stake in YieldMax HOOD Option Income Strategy ETF (NYSEARCA:HOOY) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 3,720 shares of the company’s stock, valued at approximately $282,000. J.Safra Asset Management Corp owned approximately 0.10% of YieldMax HOOD Option Income Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

YieldMax HOOD Option Income Strategy ETF Stock Performance

Shares of YieldMax HOOD Option Income Strategy ETF stock opened at $68.93 on Thursday. The stock’s fifty day simple moving average is $68.76. YieldMax HOOD Option Income Strategy ETF has a 12 month low of $51.76 and a 12 month high of $80.99.

About YieldMax HOOD Option Income Strategy ETF

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