YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX – Get Free Report) was the target of a significant decrease in short interest in the month of May. As of May 29th, there was short interest totaling 3,117,020 shares, a decrease of 53.3% from the May 14th total of 6,671,348 shares. Approximately 6.7% of the company’s shares are sold short. Based on an average daily volume of 2,229,429 shares, the short-interest ratio is currently 1.4 days.
YieldMax Universe Fund of Option Income ETF Stock Performance
NYSEARCA YMAX traded down $0.04 on Friday, reaching $7.90. The company had a trading volume of 1,598,812 shares, compared to its average volume of 2,001,860. YieldMax Universe Fund of Option Income ETF has a fifty-two week low of $7.47 and a fifty-two week high of $14.11. The business has a 50 day moving average of $8.33 and a two-hundred day moving average of $9.02.
Institutional Trading of YieldMax Universe Fund of Option Income ETF
A hedge fund recently raised its stake in YieldMax Universe Fund of Option Income ETF stock. Winnow Wealth LLC raised its position in shares of YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX – Free Report) by 21.1% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 110,928 shares of the company’s stock after acquiring an additional 19,308 shares during the quarter. YieldMax Universe Fund of Option Income ETF comprises 0.8% of Winnow Wealth LLC’s investment portfolio, making the stock its 17th biggest holding. Winnow Wealth LLC owned about 0.19% of YieldMax Universe Fund of Option Income ETF worth $1,109,000 at the end of the most recent quarter.
About YieldMax Universe Fund of Option Income ETF
The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.
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