YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Short Interest Update

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) was the recipient of a large increase in short interest in April. As of April 15th, there was short interest totaling 382,552 shares, an increase of 153.8% from the March 31st total of 150,702 shares. Based on an average daily trading volume, of 124,601 shares, the days-to-cover ratio is currently 3.1 days. Currently, 4.6% of the shares of the stock are short sold.

YieldMax META Option Income Strategy ETF Stock Performance

FBY stock opened at $11.26 on Tuesday. YieldMax META Option Income Strategy ETF has a 1 year low of $9.40 and a 1 year high of $17.64. The stock’s 50 day moving average price is $11.08 and its 200 day moving average price is $12.31. The firm has a market cap of $94.58 million, a P/E ratio of 26.70 and a beta of 1.41.

YieldMax META Option Income Strategy ETF Company Profile

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.