YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Short Interest Down 22.7% in December

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) was the target of a significant drop in short interest during the month of December. As of December 31st, there was short interest totaling 323,791 shares, a drop of 22.7% from the December 15th total of 418,681 shares. Based on an average daily trading volume, of 150,639 shares, the short-interest ratio is presently 2.1 days. Approximately 7.0% of the shares of the company are short sold. Approximately 7.0% of the shares of the company are short sold. Based on an average daily trading volume, of 150,639 shares, the short-interest ratio is presently 2.1 days.

YieldMax AMD Option Income Strategy ETF Stock Up 1.4%

AMDY opened at $38.34 on Tuesday. YieldMax AMD Option Income Strategy ETF has a twelve month low of $29.13 and a twelve month high of $53.83. The company’s 50-day moving average price is $39.35 and its two-hundred day moving average price is $41.90. The stock has a market cap of $180.20 million, a price-to-earnings ratio of 75.84 and a beta of 1.80.

YieldMax AMD Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 16th. Shareholders of record on Thursday, January 15th were issued a dividend of $0.3984 per share. This represents a yield of 4,410.0%. The ex-dividend date of this dividend was Thursday, January 15th.

Institutional Inflows and Outflows

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

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.