YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) Trading 0.2% Higher – Here’s What Happened

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBITGet Free Report) rose 0.2% during mid-day trading on Thursday . The stock traded as high as $24.32 and last traded at $24.29. Approximately 16,337 shares changed hands during mid-day trading, a decline of 44% from the average daily volume of 29,013 shares. The stock had previously closed at $24.25.

YieldMax Bitcoin Option Income ETF Stock Performance

The business has a 50 day moving average price of $31.37 and a 200 day moving average price of $40.64.

YieldMax Bitcoin Option Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 20th. Investors of record on Thursday, February 19th will be issued a dividend of $0.3054 per share. The ex-dividend date is Thursday, February 19th. This represents a yield of 5,129.0%.

About YieldMax Bitcoin Option Income ETF

(Get Free Report)

The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.

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