YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Stock Price Down 1% – Time to Sell?

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY)’s share price fell 1% on Friday . The company traded as low as $30.92 and last traded at $31.11. 87,443 shares were traded during mid-day trading, a decline of 56% from the average session volume of 197,633 shares. The stock had previously closed at $31.43.

YieldMax AMD Option Income Strategy ETF Stock Down 1.0%

The company has a market capitalization of $142.17 million, a P/E ratio of 75.84 and a beta of 1.80. The firm’s 50-day moving average price is $36.63 and its 200 day moving average price is $40.71.

YieldMax AMD Option Income Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 20th. Shareholders of record on Thursday, February 19th were issued a dividend of $0.3984 per share. This represents a yield of 4,621.0%. The ex-dividend date of this dividend was Thursday, February 19th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax AMD Option Income Strategy ETF stock. Westend Capital Management LLC bought 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 disclosure with the Securities & Exchange Commission. The fund bought 34,214 shares of the company’s stock, valued at approximately $264,000. Westend Capital Management LLC owned about 0.16% of YieldMax AMD Option Income Strategy ETF as of its most recent SEC filing.

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.