YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Significant Increase in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the target of a significant growth in short interest in December. As of December 15th, there was short interest totaling 34,156 shares, a growth of 185.6% from the November 30th total of 11,958 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily trading volume, of 81,500 shares, the days-to-cover ratio is presently 0.4 days. Based on an average daily trading volume, of 81,500 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.8% of the shares of the stock are sold short.

YieldMax TSM Option Income Strategy ETF Price Performance

Shares of YieldMax TSM Option Income Strategy ETF stock opened at $15.44 on Friday. YieldMax TSM Option Income Strategy ETF has a 12 month low of $12.10 and a 12 month high of $20.65. The business has a 50 day simple moving average of $15.78 and a two-hundred day simple moving average of $16.07.

YieldMax TSM Option Income Strategy ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were paid a $0.2289 dividend. This represents a yield of 2,167.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.