Short Interest in YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Rises By 145.6%

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) saw a significant growth in short interest during the month of December. As of December 15th, there was short interest totaling 30,636 shares, a growth of 145.6% from the November 30th total of 12,474 shares. Based on an average daily trading volume, of 45,756 shares, the short-interest ratio is presently 0.7 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 45,756 shares, the short-interest ratio is presently 0.7 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in YieldMax BABA Option Income Strategy ETF stock. OLD Mission Capital LLC raised its position in shares of YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) by 126.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 28,350 shares of the company’s stock after acquiring an additional 15,838 shares during the period. OLD Mission Capital LLC owned approximately 1.24% of YieldMax BABA Option Income Strategy ETF worth $563,000 as of its most recent SEC filing.

YieldMax BABA Option Income Strategy ETF Stock Performance

Shares of NYSEARCA BABO traded up $0.01 during mid-day trading on Friday, reaching $13.60. 26,293 shares of the company traded hands, compared to its average volume of 85,708. The company’s fifty day moving average is $14.67 and its two-hundred day moving average is $15.57. YieldMax BABA Option Income Strategy ETF has a fifty-two week low of $13.31 and a fifty-two week high of $24.00.

YieldMax BABA Option Income Strategy ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Monday, December 29th. Investors of record on Friday, December 26th will be paid a $0.135 dividend. The ex-dividend date is Friday, December 26th. This represents a yield of 3,537.0%.

About YieldMax BABA Option Income Strategy ETF

The YieldMax BABA Option Income Strategy ETF (BABO) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. BABO was launched on Aug 7, 2024 and is issued by YieldMax.