YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Get Free Report) was the target of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 21,283 shares, a decline of 75.8% from the July 15th total of 88,007 shares. Based on an average daily volume of 165,470 shares, the short-interest ratio is currently 0.1 days. Approximately 0.3% of the shares of the company are sold short.
YieldMax TSM Option Income Strategy ETF Stock Up 0.1%
Shares of NYSEARCA TSMY traded up $0.01 during trading on Friday, hitting $15.65. The company had a trading volume of 110,853 shares, compared to its average volume of 176,029. The stock has a 50 day simple moving average of $16.12 and a 200 day simple moving average of $16.25. YieldMax TSM Option Income Strategy ETF has a 12 month low of $14.18 and a 12 month high of $18.02.
Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF
A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. raised its position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Free Report) by 131.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 20,978 shares of the company’s stock after purchasing an additional 11,899 shares during the quarter. Sunbelt Securities Inc. owned 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 as of its most recent SEC filing.
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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