YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Short Interest Update

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 607,277 shares, a decline of 35.8% from the December 15th total of 945,690 shares. Currently, 2.9% of the shares of the stock are sold short. Based on an average trading volume of 1,187,326 shares, the short-interest ratio is presently 0.5 days. Based on an average trading volume of 1,187,326 shares, the short-interest ratio is presently 0.5 days. Currently, 2.9% of the shares of the stock are sold short.

Institutional Investors Weigh In On YieldMax SMCI Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax SMCI Option Income Strategy ETF stock. FNY Investment Advisers LLC lifted its stake in shares of YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) by 278.6% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,300 shares of the company’s stock after purchasing an additional 3,900 shares during the period. FNY Investment Advisers LLC’s holdings in YieldMax SMCI Option Income Strategy ETF were worth $42,000 at the end of the most recent quarter.

YieldMax SMCI Option Income Strategy ETF Stock Performance

Shares of SMCY traded up $0.55 during mid-day trading on Friday, hitting $8.56. The company’s stock had a trading volume of 4,709,216 shares, compared to its average volume of 1,874,587. The firm has a 50-day moving average price of $9.09 and a 200 day moving average price of $14.36. YieldMax SMCI Option Income Strategy ETF has a fifty-two week low of $7.67 and a fifty-two week high of $36.88.

YieldMax SMCI Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, January 16th. Shareholders of record on Thursday, January 15th will be given a $0.0728 dividend. The ex-dividend date is Thursday, January 15th. This represents a yield of 5,583.0%.

About YieldMax SMCI Option Income Strategy ETF

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.