Short Interest in YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Grows By 19.0%

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) was the target of a significant increase in short interest in February. As of February 13th, there was short interest totaling 20,554 shares, an increase of 19.0% from the January 29th total of 17,274 shares. Approximately 0.6% of the company’s stock are sold short. Based on an average daily volume of 28,489 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 28,489 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short.

YieldMax JPM Option Income Strategy ETF Stock Down 0.8%

YieldMax JPM Option Income Strategy ETF stock opened at $14.25 on Friday. YieldMax JPM Option Income Strategy ETF has a 1-year low of $13.64 and a 1-year high of $18.33. The company has a fifty day simple moving average of $15.12 and a 200 day simple moving average of $15.98.

YieldMax JPM Option Income Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a dividend of $0.0542 per share. This represents a yield of 2,605.0%. The ex-dividend date was Thursday, February 26th.

About YieldMax JPM Option Income Strategy ETF

The YieldMax JPM Option Income Strategy ETF (JPMO) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the JPMorgan Chase & Co stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys JPMO was launched on Sep 11, 2023 and is issued by YieldMax.