YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Short Interest Up 131.6% in August

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY – Get Free Report) was the target of a large growth in short interest during the month of August. As of August 31st, there was short interest totaling 229,108 shares, a growth of 131.6% from the August 15th total of 98,905 shares. Based on an average daily volume of 192,667 shares, the short-interest ratio is currently 1.2 days. Currently, 1.9% of the shares of the company are short sold.

YieldMax META Option Income Strategy ETF Stock Performance

YieldMax META Option Income Strategy ETF stock opened at $8.90 on Monday. The stock has a 50-day simple moving average of $8.91 and a 200 day simple moving average of $9.84. The stock has a market capitalization of $107.42 million, a P/E ratio of 26.70 and a beta of 1.26. YieldMax META Option Income Strategy ETF has a 52 week low of $7.93 and a 52 week high of $16.59.

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About YieldMax META Option Income Strategy ETF

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The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.

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