YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX – Get Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 5,528,190 shares, a decrease of 14.9% from the February 26th total of 6,497,482 shares. Approximately 9.4% of the shares of the company are sold short. Based on an average trading volume of 1,928,956 shares, the short-interest ratio is presently 2.9 days.
YieldMax Universe Fund of Option Income ETF Stock Down 1.5%
YieldMax Universe Fund of Option Income ETF stock opened at $7.71 on Thursday. The stock has a 50 day moving average of $8.60 and a two-hundred day moving average of $10.38. YieldMax Universe Fund of Option Income ETF has a twelve month low of $7.47 and a twelve month high of $14.14.
YieldMax Universe Fund of Option Income ETF Cuts Dividend
The business also recently declared a dividend, which was paid on Thursday, February 26th. Investors of record on Wednesday, February 25th were issued a dividend of $0.088 per share. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a dividend yield of 4,317.0%.
Hedge Funds Weigh In On YieldMax Universe Fund of Option Income ETF
YieldMax Universe Fund of Option Income ETF Company Profile
The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.
Further Reading
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