YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Shares Down 0.6% – Here’s What Happened

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) shares fell 0.6% on Thursday . The stock traded as low as $12.64 and last traded at $12.65. 46,385 shares were traded during trading, a decline of 58% from the average session volume of 111,471 shares. The stock had previously closed at $12.72.

YieldMax MSFT Option Income Strategy ETF Stock Performance

The stock’s 50-day moving average price is $14.45 and its two-hundred day moving average price is $16.19.

YieldMax MSFT Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 19th will be given a $0.0532 dividend. The ex-dividend date of this dividend is Thursday, February 19th. This represents a dividend yield of 3,038.0%.

YieldMax MSFT Option Income Strategy ETF Company Profile

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.