YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 50,150 shares, a growth of 65.7% from the May 14th total of 30,265 shares. Based on an average daily trading volume, of 139,125 shares, the short-interest ratio is presently 0.4 days. Approximately 0.8% of the shares of the company are short sold.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. acquired a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned approximately 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent quarter.
YieldMax TSM Option Income Strategy ETF Trading Up 2.4%
Shares of TSMY stock traded up $0.40 during mid-day trading on Monday, reaching $17.00. The company’s stock had a trading volume of 486,421 shares, compared to its average volume of 177,453. The firm’s 50-day moving average is $16.47 and its two-hundred day moving average is $16.14. YieldMax TSM Option Income Strategy ETF has a 1-year low of $14.30 and a 1-year high of $17.96.
YieldMax TSM Option Income Strategy ETF Company Profile
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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