Short Interest in YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Declines By 32.0%

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY – Get Free Report) was the target of a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 101,669 shares, a drop of 32.0% from the June 30th total of 149,602 shares. Based on an average daily volume of 200,035 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.0% of the shares of the stock are sold short.

YieldMax META Option Income Strategy ETF Stock Down 8.1%

Shares of NYSEARCA:FBY opened at $8.21 on Friday. YieldMax META Option Income Strategy ETF has a 52 week low of $7.99 and a 52 week high of $17.64. The stock has a market capitalization of $99.09 million, a P/E ratio of 26.70 and a beta of 1.26. The firm has a fifty day simple moving average of $9.50 and a two-hundred day simple moving average of $10.63.

Get YieldMax META Option Income Strategy ETF alerts:

About YieldMax META Option Income Strategy ETF

(Get Free Report)

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.

Further Reading

• Five stocks we like better than YieldMax META Option Income Strategy ETF
• Microsoft Just Flipped the AI Spending Narrative Overnight
• Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
• Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
• Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes

Receive News & Ratings for YieldMax META Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax META Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.