Short Interest in YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Declines By 16.0%

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 39,612 shares, a decline of 16.0% from the March 15th total of 47,165 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average trading volume of 47,068 shares, the days-to-cover ratio is currently 0.8 days.

YieldMax AI Option Income Strategy ETF Stock Performance

Shares of NYSEARCA AIYY traded up $0.11 during mid-day trading on Friday, reaching $10.32. The company had a trading volume of 48,892 shares, compared to its average volume of 65,123. The company has a 50-day moving average price of $11.20 and a two-hundred day moving average price of $17.20. YieldMax AI Option Income Strategy ETF has a 1-year low of $9.25 and a 1-year high of $53.85.

About YieldMax AI Option Income Strategy ETF

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.