YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNY) Shares Scheduled to Reverse Split on Monday, December 1st

YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNYFree Report) shares are going to reverse split on Monday, December 1st. The 1-10 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Sunday, November 30th.

YieldMax MRNA Option Income Strategy ETF Trading Up 0.7%

Shares of YieldMax MRNA Option Income Strategy ETF stock opened at $1.52 on Wednesday. The stock has a fifty day simple moving average of $1.68 and a 200 day simple moving average of $2.07. YieldMax MRNA Option Income Strategy ETF has a 12-month low of $1.46 and a 12-month high of $5.77.

YieldMax MRNA Option Income Strategy ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, November 14th. Investors of record on Thursday, November 13th were issued a dividend of $0.0221 per share. This represents a yield of 8,885.0%. The ex-dividend date was Thursday, November 13th.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax MRNA Option Income Strategy ETF stock. OLD Mission Capital LLC increased its position in YieldMax MRNA Option Income Strategy ETF (NYSEARCA:MRNYFree Report) by 235.0% in the 1st quarter, according to the company in its most recent filing with the SEC. The fund owned 99,034 shares of the company’s stock after acquiring an additional 69,476 shares during the quarter. OLD Mission Capital LLC owned about 0.34% of YieldMax MRNA Option Income Strategy ETF worth $273,000 as of its most recent SEC filing.

YieldMax MRNA Option Income Strategy ETF Company Profile

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

Further Reading

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