Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Rises By 243.9%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 98,575 shares, an increase of 243.9% from the January 15th total of 28,664 shares. Approximately 2.4% of the shares of the company are sold short. Based on an average trading volume of 154,129 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 154,129 shares, the days-to-cover ratio is currently 0.6 days. Approximately 2.4% of the shares of the company are sold short.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent SEC filing.

YieldMax TSM Option Income Strategy ETF Price Performance

NYSEARCA TSMY traded up $0.55 on Wednesday, reaching $17.60. 88,701 shares of the stock were exchanged, compared to its average volume of 123,690. YieldMax TSM Option Income Strategy ETF has a one year low of $12.10 and a one year high of $18.58. The company’s 50-day simple moving average is $15.90 and its two-hundred day simple moving average is $16.05.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 6th. Investors of record on Thursday, February 5th were paid a dividend of $0.1104 per share. The ex-dividend date was Thursday, February 5th. This represents a dividend yield of 3,435.0%.

About YieldMax TSM Option Income Strategy ETF

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.