YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Sees Large Decrease in Short Interest

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) was the target of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 4,593,608 shares, a decline of 78.3% from the November 30th total of 21,195,964 shares. Based on an average daily volume of 2,634,610 shares, the days-to-cover ratio is presently 1.7 days. Approximately 8.1% of the company’s stock are short sold. Approximately 8.1% of the company’s stock are short sold. Based on an average daily volume of 2,634,610 shares, the days-to-cover ratio is presently 1.7 days.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of MSTY. Fiduciary Alliance LLC increased its position in shares of YieldMax MSTR Option Income Strategy ETF by 99.4% during the 2nd quarter. Fiduciary Alliance LLC now owns 75,767 shares of the company’s stock valued at $1,680,000 after purchasing an additional 37,773 shares during the last quarter. ORG Partners LLC purchased a new position in shares of YieldMax MSTR Option Income Strategy ETF in the 2nd quarter worth about $191,000. Sound Income Strategies LLC bought a new position in YieldMax MSTR Option Income Strategy ETF during the second quarter valued at about $33,000. FNY Investment Advisers LLC increased its holdings in YieldMax MSTR Option Income Strategy ETF by 355.6% during the second quarter. FNY Investment Advisers LLC now owns 8,200 shares of the company’s stock worth $181,000 after buying an additional 6,400 shares during the last quarter. Finally, Maripau Wealth Management LLC purchased a new stake in YieldMax MSTR Option Income Strategy ETF during the second quarter worth about $1,017,000.

YieldMax MSTR Option Income Strategy ETF Trading Up 0.5%

NYSEARCA:MSTY traded up $0.15 on Thursday, hitting $31.10. The stock had a trading volume of 716,482 shares, compared to its average volume of 1,830,893. YieldMax MSTR Option Income Strategy ETF has a 1 year low of $30.46 and a 1 year high of $159.80. The firm’s fifty day simple moving average is $42.83 and its two-hundred day simple moving average is $74.08.

YieldMax MSTR Option Income Strategy ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, December 12th. Investors of record on Thursday, December 11th were given a dividend of $3.037 per share. This represents a dividend yield of 8,592.0%. The ex-dividend date of this dividend was Thursday, December 11th.

YieldMax MSTR Option Income Strategy ETF Company Profile

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.