YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Short Interest Update

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the target of a large drop in short interest in the month of February. As of February 13th, there was short interest totaling 469,187 shares, a drop of 33.0% from the January 29th total of 700,710 shares. Currently, 2.4% of the company’s shares are sold short. Based on an average trading volume of 505,041 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 505,041 shares, the short-interest ratio is currently 0.9 days. Currently, 2.4% of the company’s shares are sold short.

Institutional Investors Weigh In On YieldMax AMZN Option Income Strategy ETF

A number of institutional investors have recently made changes to their positions in AMZY. Meadowbrook Wealth Management LLC bought a new position in YieldMax AMZN Option Income Strategy ETF during the 3rd quarter worth $246,000. Captrust Financial Advisors acquired a new stake in shares of YieldMax AMZN Option Income Strategy ETF during the 2nd quarter worth $253,000. Finally, Westend Capital Management LLC increased its position in shares of YieldMax AMZN Option Income Strategy ETF by 234.2% in the third quarter. Westend Capital Management LLC now owns 14,813 shares of the company’s stock worth $211,000 after purchasing an additional 10,380 shares during the period.

YieldMax AMZN Option Income Strategy ETF Stock Up 0.8%

Shares of YieldMax AMZN Option Income Strategy ETF stock traded up $0.09 on Friday, hitting $11.30. The company had a trading volume of 1,684,549 shares, compared to its average volume of 542,988. The stock has a 50-day moving average of $12.62 and a 200-day moving average of $13.80. YieldMax AMZN Option Income Strategy ETF has a twelve month low of $10.91 and a twelve month high of $17.89.

YieldMax AMZN Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, February 27th. Stockholders of record on Thursday, February 26th were paid a dividend of $0.0655 per share. This represents a dividend yield of 4,291.0%. The ex-dividend date was Thursday, February 26th.

YieldMax AMZN Option Income Strategy ETF Company Profile

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.