YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Get Free Report) was the target of a significant drop in short interest in July. As of July 31st, there was short interest totaling 472,047 shares, a drop of 42.4% from the July 15th total of 818,918 shares. Based on an average daily trading volume, of 334,238 shares, the days-to-cover ratio is currently 1.4 days. Currently, 2.6% of the shares of the stock are sold short.
YieldMax COIN Option Income Strategy ETF Price Performance
Shares of YieldMax COIN Option Income Strategy ETF stock traded down $0.40 on Tuesday, hitting $17.73. The company’s stock had a trading volume of 358,313 shares, compared to its average volume of 446,261. YieldMax COIN Option Income Strategy ETF has a 52-week low of $17.22 and a 52-week high of $78.20. The firm has a fifty day moving average price of $19.72 and a 200-day moving average price of $24.66.
Institutional Inflows and Outflows
A hedge fund recently raised its stake in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors boosted its stake in YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY – Free Report) by 63.6% during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 35,865 shares of the company’s stock after buying an additional 13,949 shares during the quarter. Captrust Financial Advisors’ holdings in YieldMax COIN Option Income Strategy ETF were worth $327,000 as of its most recent filing with the SEC.
About YieldMax COIN Option Income Strategy ETF
The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.
See Also
- Five stocks we like better than YieldMax COIN Option Income Strategy ETF
- The AI Boom Is Turning This Cable Maker Into a Stock to Watch
- A Star Investor Just Trimmed Amazon—Here’s What It means
- Wendy’s Deal Buzz May Give Fast-Food Investors a New Reason to Look
- Home Depot Analysts See a Path to $375 and Beyond
Receive News & Ratings for YieldMax COIN 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 COIN Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
