YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Sees Significant Growth in Short Interest

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 2,246 shares, an increase of 138.2% from the February 26th total of 943 shares. Based on an average daily trading volume, of 2,287 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.5% of the company’s stock are short sold.

YieldMax ABNB Option Income Strategy ETF Stock Performance

Shares of ABNY stock opened at $39.96 on Friday. YieldMax ABNB Option Income Strategy ETF has a fifty-two week low of $39.59 and a fifty-two week high of $65.70. The stock’s 50-day simple moving average is $42.96 and its 200-day simple moving average is $45.88.

YieldMax ABNB Option Income Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were paid a $0.2688 dividend. The ex-dividend date was Thursday, February 26th. This represents a yield of 4,144.0%.

About YieldMax ABNB Option Income Strategy ETF

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.