YieldMax Target 12 Big 50 Option Income ETF (NYSEARCA:BIGY) Sees Significant Drop in Short Interest

YieldMax Target 12 Big 50 Option Income ETF (NYSEARCA:BIGY) was the recipient of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 5,786 shares, a decrease of 81.6% from the May 14th total of 31,493 shares. Approximately 1.2% of the company’s shares are sold short. Based on an average daily trading volume, of 13,398 shares, the days-to-cover ratio is currently 0.4 days.

YieldMax Target 12 Big 50 Option Income ETF Price Performance

Shares of BIGY traded up $0.25 during mid-day trading on Friday, reaching $52.05. 13,300 shares of the company’s stock traded hands, compared to its average volume of 11,604. The stock has a market cap of $26.03 million, a P/E ratio of 29.68 and a beta of 0.90. The stock’s 50-day moving average is $51.91 and its two-hundred day moving average is $51.68. YieldMax Target 12 Big 50 Option Income ETF has a 12 month low of $47.33 and a 12 month high of $54.64.

YieldMax Target 12 Big 50 Option Income ETF Company Profile

The Defiance Next Gen Big Data ETF (BIGY) is an exchange-traded fund that is based on the BlueStar Big Data & Analytics index. The fund tracks a tier-weighted index of globally-listed stocks whose businesses are derived from data and software management. Securities are equally weighted within each tier. BIGY was launched on Nov 20, 2024 and is issued by Defiance.