YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Sees Significant Drop in Short Interest

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) was the target of a significant decline in short interest in the month of August. As of August 31st, there was short interest totaling 136,425 shares, a decline of 59.6% from the August 15th total of 337,539 shares. Based on an average daily trading volume, of 234,028 shares, the short-interest ratio is presently 0.6 days. Approximately 0.7% of the company’s shares are short sold.

YieldMax GOOGL Option Income Strategy ETF Price Performance

GOOY stock traded down $0.14 during mid-day trading on Tuesday, reaching $12.12. The company had a trading volume of 234,668 shares, compared to its average volume of 457,937. The company has a market capitalization of $229.31 million, a PE ratio of 23.63 and a beta of 0.87. The firm has a 50 day moving average of $12.47 and a 200 day moving average of $13.40. YieldMax GOOGL Option Income Strategy ETF has a 12 month low of $11.64 and a 12 month high of $15.96.

About YieldMax GOOGL Option Income Strategy ETF

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.