YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Down 14.8% in January

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the target of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 700,710 shares, a drop of 14.8% from the January 15th total of 822,487 shares. Based on an average trading volume of 442,617 shares, the short-interest ratio is currently 1.6 days. Approximately 3.6% of the shares of the stock are short sold. Approximately 3.6% of the shares of the stock are short sold. Based on an average trading volume of 442,617 shares, the short-interest ratio is currently 1.6 days.

YieldMax AMZN Option Income Strategy ETF Stock Down 0.7%

Shares of YieldMax AMZN Option Income Strategy ETF stock opened at $11.01 on Monday. YieldMax AMZN Option Income Strategy ETF has a 52-week low of $10.95 and a 52-week high of $18.92. The company has a fifty day moving average of $13.02 and a 200-day moving average of $14.07.

YieldMax AMZN Option Income Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 13th. Stockholders of record on Thursday, February 12th were issued a $0.0655 dividend. The ex-dividend date was Thursday, February 12th. This represents a dividend yield of 3,671.0%.

Institutional Investors Weigh In On YieldMax AMZN Option Income Strategy ETF

Several institutional investors have recently bought and sold shares of AMZY. Captrust Financial Advisors bought a new stake in YieldMax AMZN Option Income Strategy ETF in the second quarter valued at approximately $253,000. Westend Capital Management LLC increased its stake in shares of 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 worth $211,000 after buying an additional 10,380 shares during the period. Finally, Meadowbrook Wealth Management LLC purchased a new position in shares of YieldMax AMZN Option Income Strategy ETF in the third quarter worth $246,000.

YieldMax AMZN Option Income Strategy ETF Company Profile

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. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.