YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Sees Large Decline in Short Interest

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) saw a significant drop in short interest in December. As of December 15th, there was short interest totaling 945,690 shares, a drop of 29.5% from the November 30th total of 1,341,861 shares. Based on an average daily trading volume, of 1,191,072 shares, the short-interest ratio is presently 0.8 days. Currently, 4.6% of the company’s stock are short sold. Currently, 4.6% of the company’s stock are short sold. Based on an average daily trading volume, of 1,191,072 shares, the short-interest ratio is presently 0.8 days.

YieldMax SMCI Option Income Strategy ETF Trading Down 0.7%

SMCY stock traded down $0.06 during midday trading on Tuesday, hitting $8.21. 1,345,489 shares of the company traded hands, compared to its average volume of 764,557. YieldMax SMCI Option Income Strategy ETF has a twelve month low of $8.04 and a twelve month high of $36.88. The business has a 50 day simple moving average of $10.55 and a 200-day simple moving average of $15.27.

YieldMax SMCI Option Income Strategy ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Monday, December 29th. Shareholders of record on Friday, December 26th were given a $0.809 dividend. This represents a yield of 6,062.0%. The ex-dividend date of this dividend was Friday, December 26th.

Institutional Investors Weigh In On YieldMax SMCI Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax SMCI Option Income Strategy ETF stock. OLD Mission Capital LLC purchased a new position in YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 25,649 shares of the company’s stock, valued at approximately $530,000. OLD Mission Capital LLC owned about 0.29% of YieldMax SMCI Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax SMCI Option Income Strategy ETF Company Profile

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.