YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Update

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 182,100 shares, a growth of 129.3% from the September 30th total of 79,400 shares. Approximately 0.9% of the company’s shares are sold short. Based on an average daily volume of 461,000 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 461,000 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.9% of the company’s shares are sold short.

YieldMax AMZN Option Income Strategy ETF Trading Up 6.5%

Shares of AMZY opened at $14.82 on Friday. The stock has a 50-day simple moving average of $14.71 and a 200-day simple moving average of $15.38. YieldMax AMZN Option Income Strategy ETF has a 1 year low of $13.61 and a 1 year high of $21.08.

YieldMax AMZN Option Income Strategy ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, October 31st. Investors of record on Thursday, October 30th were paid a dividend of $0.255 per share. The ex-dividend date was Thursday, October 30th. This represents a yield of 7,494.0%.

Institutional Investors Weigh In On YieldMax AMZN Option Income Strategy ETF

Institutional investors have recently added to or reduced their stakes in the business. Westend Capital Management LLC lifted its stake in YieldMax AMZN Option Income Strategy ETF by 234.2% in the third quarter. Westend Capital Management LLC now owns 14,813 shares of the company’s stock valued at $211,000 after buying an additional 10,380 shares during the last quarter. Meadowbrook Wealth Management LLC purchased a new stake in YieldMax AMZN Option Income Strategy ETF in the third quarter valued at approximately $246,000. Captrust Financial Advisors purchased a new stake in YieldMax AMZN Option Income Strategy ETF in the second quarter valued at approximately $253,000. Finally, OLD Mission Capital LLC lifted its stake in YieldMax AMZN Option Income Strategy ETF by 114.1% in the first quarter. OLD Mission Capital LLC now owns 47,080 shares of the company’s stock valued at $755,000 after buying an additional 25,086 shares during the last quarter.

About YieldMax AMZN Option Income Strategy ETF

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys.