Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Increases By 65.8%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 28,664 shares, a growth of 65.8% from the December 31st total of 17,287 shares. Based on an average trading volume of 80,552 shares, the short-interest ratio is presently 0.4 days. Currently, 0.7% of the shares of the company are short sold. Currently, 0.7% of the shares of the company are short sold. Based on an average trading volume of 80,552 shares, the short-interest ratio is presently 0.4 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

YieldMax TSM Option Income Strategy ETF Trading Down 1.9%

TSMY traded down $0.31 on Friday, hitting $15.96. 82,278 shares of the stock were exchanged, compared to its average volume of 117,278. YieldMax TSM Option Income Strategy ETF has a 12 month low of $12.10 and a 12 month high of $18.90. The business has a 50-day moving average of $15.79 and a two-hundred day moving average of $16.06.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a dividend of $0.1104 per share. The ex-dividend date was Thursday, January 29th. This represents a yield of 4,046.0%.

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.