YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Short Interest Down 23.8% in March

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) saw a significant decrease in short interest during the month of March. As of March 13th, there was short interest totaling 145,928 shares, a decrease of 23.8% from the February 26th total of 191,559 shares. Currently, 3.6% of the company’s shares are sold short. Based on an average trading volume of 43,747 shares, the days-to-cover ratio is currently 3.3 days.

YieldMax SNOW Option Income Strategy ETF Stock Performance

Shares of YieldMax SNOW Option Income Strategy ETF stock traded up $0.01 during trading hours on Monday, reaching $7.92. The stock had a trading volume of 27,560 shares, compared to its average volume of 121,591. YieldMax SNOW Option Income Strategy ETF has a 1 year low of $7.80 and a 1 year high of $17.81. The firm has a 50 day simple moving average of $9.42 and a two-hundred day simple moving average of $12.43.

YieldMax SNOW Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.0868 dividend. The ex-dividend date was Thursday, February 26th. This represents a yield of 4,694.0%.

YieldMax SNOW Option Income Strategy ETF Company Profile

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.