YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Get Free Report) was the target of a large growth in short interest in October. As of October 15th, there was short interest totaling 59,427 shares, a growth of 491.6% from the September 30th total of 10,045 shares. Based on an average daily trading volume, of 178,867 shares, the short-interest ratio is presently 0.3 days. Approximately 0.8% of the shares of the stock are sold short.
YieldMax TSM Option Income Strategy ETF Price Performance
NYSEARCA:TSMY opened at $14.29 on Tuesday. The business’s 50-day simple moving average is $15.16 and its two-hundred day simple moving average is $15.97. YieldMax TSM Option Income Strategy ETF has a 52 week low of $13.82 and a 52 week high of $18.02.
Institutional Trading of YieldMax TSM Option Income Strategy ETF
A hedge fund recently raised its position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. increased its holdings in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Free Report) by 131.1% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after purchasing an additional 11,899 shares during the period. 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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