YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Down 61.9% in April

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) saw a significant drop in short interest in the month of April. As of April 30th, there was short interest totaling 8,481 shares, a drop of 61.9% from the April 15th total of 22,234 shares. Based on an average daily volume of 99,116 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the company’s stock are sold short.

YieldMax XOM Option Income Strategy ETF Price Performance

Shares of NYSEARCA XOMO traded down $0.06 on Thursday, hitting $11.83. The company had a trading volume of 13,818 shares, compared to its average volume of 161,180. YieldMax XOM Option Income Strategy ETF has a 12-month low of $11.32 and a 12-month high of $14.14. The business has a 50 day moving average of $12.69 and a two-hundred day moving average of $12.32.

About YieldMax XOM Option Income Strategy ETF

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.