YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Short Interest Up 46.2% in May

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) saw a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 43,640,000 shares, a growth of 46.2% from the May 15th total of 29,850,000 shares. Currently, 24.8% of the company’s stock are sold short. Based on an average trading volume of 8,913,700 shares, the short-interest ratio is presently 4.9 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. AdvisorNet Financial Inc increased its stake in shares of YieldMax MSTR Option Income Strategy ETF by 126.8% in the first quarter. AdvisorNet Financial Inc now owns 6,408 shares of the company’s stock worth $130,000 after acquiring an additional 3,583 shares during the period. Argent Advisors Inc. acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the fourth quarter valued at $263,000. Cambridge Investment Research Advisors Inc. acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the first quarter valued at $375,000. Fiduciary Alliance LLC grew its position in YieldMax MSTR Option Income Strategy ETF by 27.2% during the first quarter. Fiduciary Alliance LLC now owns 37,994 shares of the company’s stock valued at $772,000 after buying an additional 8,136 shares during the period. Finally, OLD Mission Capital LLC grew its position in YieldMax MSTR Option Income Strategy ETF by 302.1% during the fourth quarter. OLD Mission Capital LLC now owns 40,853 shares of the company’s stock valued at $1,075,000 after buying an additional 30,694 shares during the period.

YieldMax MSTR Option Income Strategy ETF Stock Down 1.3%

NYSEARCA MSTY opened at $20.85 on Wednesday. The company has a fifty day simple moving average of $22.28 and a two-hundred day simple moving average of $24.94. YieldMax MSTR Option Income Strategy ETF has a 12-month low of $17.10 and a 12-month high of $46.50.

YieldMax MSTR Option Income Strategy ETF Company Profile

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys.