YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Short Interest Update

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the recipient of a significant decline in short interest in December. As of December 31st, there was short interest totaling 607,277 shares, a decline of 35.8% from the December 15th total of 945,690 shares. Based on an average daily trading volume, of 1,187,326 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.9% of the shares of the stock are short sold. Approximately 2.9% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,187,326 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax SMCI Option Income Strategy ETF stock. FNY Investment Advisers LLC grew its stake in shares of YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) by 278.6% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,300 shares of the company’s stock after acquiring an additional 3,900 shares during the period. FNY Investment Advisers LLC’s holdings in YieldMax SMCI Option Income Strategy ETF were worth $42,000 at the end of the most recent reporting period.

YieldMax SMCI Option Income Strategy ETF Trading Up 6.9%

NYSEARCA:SMCY traded up $0.55 during trading hours on Friday, hitting $8.56. The company’s stock had a trading volume of 4,879,010 shares, compared to its average volume of 1,928,094. YieldMax SMCI Option Income Strategy ETF has a 52-week low of $7.67 and a 52-week high of $36.88. The business’s 50-day moving average is $9.03 and its two-hundred day moving average is $14.23.

YieldMax SMCI Option Income Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, January 16th. Investors of record on Thursday, January 15th were issued a dividend of $0.0728 per share. The ex-dividend date of this dividend was Thursday, January 15th. This represents a yield of 5,583.0%.

About YieldMax SMCI Option Income Strategy ETF

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.