YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Sees Significant Growth in Short Interest

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY – Get Free Report) saw a large increase in short interest in the month of May. As of May 29th, there was short interest totaling 479,931 shares, an increase of 81.7% from the May 14th total of 264,106 shares. Based on an average trading volume of 769,834 shares, the days-to-cover ratio is presently 0.6 days. Approximately 2.8% of the shares of the company are short sold.

YieldMax GOOGL Option Income Strategy ETF Price Performance

GOOY traded up $0.35 on Monday, reaching $13.97. 364,970 shares of the stock were exchanged, compared to its average volume of 511,076. The company’s 50-day moving average price is $14.37 and its 200 day moving average price is $14.35. YieldMax GOOGL Option Income Strategy ETF has a fifty-two week low of $11.36 and a fifty-two week high of $15.96. The firm has a market capitalization of $241.68 million, a PE ratio of 23.63 and a beta of 0.84.

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YieldMax GOOGL Option Income Strategy ETF Company Profile

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The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.

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