YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Get Free Report) was the recipient of a large drop in short interest in May. As of May 15th, there was short interest totaling 30,265 shares, a drop of 59.8% from the April 30th total of 75,211 shares. Based on an average daily volume of 174,882 shares, the short-interest ratio is currently 0.2 days. Approximately 0.5% of the shares of the stock are sold short.
Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF
A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. lifted its position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Free Report) by 131.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,978 shares of the company’s stock after buying an additional 11,899 shares during the quarter. Sunbelt Securities Inc. owned approximately 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 at the end of the most recent quarter.
YieldMax TSM Option Income Strategy ETF Price Performance
YieldMax TSM Option Income Strategy ETF stock opened at $17.28 on Tuesday. The stock has a fifty day moving average of $16.17 and a two-hundred day moving average of $16.06. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $14.30 and a fifty-two week high of $17.96.
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.
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