YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Large Decline in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a large decrease in short interest during the month of December. As of December 31st, there was short interest totaling 17,287 shares, a decrease of 49.4% from the December 15th total of 34,156 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 79,561 shares, the days-to-cover ratio is currently 0.2 days. Based on an average daily volume of 79,561 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.4% of the company’s stock are short sold.

YieldMax TSM Option Income Strategy ETF Price Performance

TSMY traded up $0.37 on Thursday, hitting $16.73. The company had a trading volume of 113,261 shares, compared to its average volume of 80,493. The stock has a fifty day moving average price of $15.64 and a 200-day moving average price of $16.08. YieldMax TSM Option Income Strategy ETF has a 12-month low of $12.10 and a 12-month high of $20.56.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 16th. Stockholders of record on Thursday, January 15th will be issued a dividend of $0.1104 per share. This represents a dividend yield of 4,311.0%. The ex-dividend date is Thursday, January 15th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new position in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent quarter.

About YieldMax TSM Option Income Strategy ETF

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.