YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Up 243.9% in January

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the target of a large increase in short interest in the month of January. As of January 30th, there was short interest totaling 98,575 shares, an increase of 243.9% from the January 15th total of 28,664 shares. Based on an average daily trading volume, of 154,129 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.4% of the company’s stock are short sold. Currently, 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 154,129 shares, the days-to-cover ratio is currently 0.6 days.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

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 third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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 and Exchange Commission.

YieldMax TSM Option Income Strategy ETF Stock Down 0.5%

NYSEARCA:TSMY traded down $0.09 on Friday, hitting $17.06. The stock had a trading volume of 74,420 shares, compared to its average volume of 124,854. YieldMax TSM Option Income Strategy ETF has a 52 week low of $12.10 and a 52 week high of $18.58. The business’s fifty day moving average is $16.00 and its 200 day moving average is $16.07.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, February 13th. Shareholders of record on Thursday, February 12th will be issued a dividend of $0.1104 per share. The ex-dividend date is Thursday, February 12th. This represents a yield of 4,069.0%.

YieldMax TSM Option Income Strategy ETF Company Profile

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.