YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Shares Set to Reverse Split on Monday, December 8th

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY)’s stock is set to reverse split before the market opens on Monday, December 8th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, December 7th.

YieldMax AMD Option Income Strategy ETF Stock Performance

Shares of AMDY opened at $7.92 on Friday. The company’s 50 day moving average price is $9.01 and its 200 day moving average price is $8.42. The company has a market capitalization of $180.97 million, a PE ratio of 75.84 and a beta of 1.80. YieldMax AMD Option Income Strategy ETF has a 52 week low of $5.82 and a 52 week high of $12.00.

YieldMax AMD Option Income Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 1st. Investors of record on Friday, November 28th will be paid a dividend of $0.19 per share. This represents a yield of 7,203.0%. The ex-dividend date of this dividend is Friday, November 28th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC acquired a new stake in shares of YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned approximately 0.16% of YieldMax AMD Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.