YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 186,879 shares, an increase of 131.3% from the July 30th total of 80,801 shares. Based on an average daily volume of 275,428 shares, the days-to-cover ratio is currently 0.7 days. Approximately 0.8% of the shares of the company are sold short.
Institutional Inflows and Outflows
A hedge fund recently bought a new position in YieldMax AMZN Option Income Strategy ETF stock. Captrust Financial Advisors bought a new position in YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 15,569 shares of the company’s stock, valued at approximately $253,000. Captrust Financial Advisors owned 0.09% of YieldMax AMZN Option Income Strategy ETF at the end of the most recent reporting period.
YieldMax AMZN Option Income Strategy ETF Stock Up 2.6%
YieldMax AMZN Option Income Strategy ETF stock traded up $0.28 during trading hours on Friday, reaching $10.90. 324,504 shares of the company were exchanged, compared to its average volume of 440,285. YieldMax AMZN Option Income Strategy ETF has a 12 month low of $9.94 and a 12 month high of $15.65. The stock has a 50-day moving average of $10.84 and a 200 day moving average of $11.35.
About YieldMax AMZN Option Income Strategy ETF
The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.
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