YieldMax META Option Income Strategy ETF (NYSEARCA:FBY – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 195,575 shares, a growth of 83.2% from the September 30th total of 106,749 shares. Approximately 1.6% of the shares of the company are sold short. Based on an average daily volume of 114,928 shares, the days-to-cover ratio is currently 1.7 days.
YieldMax META Option Income Strategy ETF Stock Down 1.3%
Shares of YieldMax META Option Income Strategy ETF stock traded down $0.10 during trading on Monday, reaching $7.80. The company’s stock had a trading volume of 101,507 shares, compared to its average volume of 161,031. The business’s 50-day moving average price is $8.98 and its 200-day moving average price is $10.06. YieldMax META Option Income Strategy ETF has a 52 week low of $7.80 and a 52 week high of $13.73. The firm has a market cap of $95.94 million, a PE ratio of 26.70 and a beta of 1.18.
About YieldMax META Option Income Strategy ETF
The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.
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