YieldMax MARA Option Income Strategy ETF (NYSEARCA:MARO) Sees Large Growth in Short Interest

YieldMax MARA Option Income Strategy ETF (NYSEARCA:MARO) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 446,654 shares, a growth of 80.9% from the December 31st total of 246,950 shares. Currently, 7.0% of the shares of the stock are sold short. Based on an average daily volume of 202,707 shares, the days-to-cover ratio is currently 2.2 days. Based on an average daily volume of 202,707 shares, the days-to-cover ratio is currently 2.2 days. Currently, 7.0% of the shares of the stock are sold short.

Hedge Funds Weigh In On YieldMax MARA Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax MARA Option Income Strategy ETF stock. FNY Investment Advisers LLC bought a new position in YieldMax MARA Option Income Strategy ETF (NYSEARCA:MARO) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,000 shares of the company’s stock, valued at approximately $38,000. FNY Investment Advisers LLC owned about 0.08% of YieldMax MARA Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax MARA Option Income Strategy ETF Price Performance

MARO stock traded down $0.28 during midday trading on Friday, reaching $7.10. The company had a trading volume of 242,129 shares, compared to its average volume of 319,296. The firm has a 50-day moving average price of $8.63 and a 200-day moving average price of $14.74. YieldMax MARA Option Income Strategy ETF has a 1 year low of $7.01 and a 1 year high of $36.57.

About YieldMax MARA Option Income Strategy ETF

The YieldMax MARA Option Income Strategy ETF (MARO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MARA Holdings, Inc stock (MARA) through a synthetic covered call strategy, collateralized by cash and US Treasurys MARO was launched on Dec 9, 2024 and is issued by YieldMax.