YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) shares fell 2.1% on Friday . The stock traded as low as $18.24 and last traded at $18.32. Approximately 12,746 shares changed hands during mid-day trading, a decline of 66% from the average session volume of 37,080 shares. The stock had previously closed at $18.72.
YieldMax Bitcoin Option Income ETF Stock Performance
The business’s 50 day moving average price is $19.51 and its 200-day moving average price is $23.73.
YieldMax Bitcoin Option Income ETF Company Profile
The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.
See Also
- Five stocks we like better than YieldMax Bitcoin Option Income ETF
- Netflix’s Big Sell-Off May Be Sending the Wrong Signal
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
Receive News & Ratings for YieldMax Bitcoin Option Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax Bitcoin Option Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.
