YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Shares Shorted: Short Interest Up 108.7% in September

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) was the recipient of a significant growth in short interest in the month of September. As of September 30th, there was short interest totaling 110,265 shares, a growth of 108.7% from the September 15th total of 52,829 shares. Based on an average daily trading volume, of 95,132 shares, the short-interest ratio is currently 1.2 days. Approximately 1.8% of the shares of the company are sold short.

YieldMax SNOW Option Income Strategy ETF Stock Performance

SNOY stock traded down $0.63 during mid-day trading on Wednesday, reaching $11.01. The company had a trading volume of 109,257 shares, compared to its average volume of 120,454. YieldMax SNOW Option Income Strategy ETF has a one year low of $6.17 and a one year high of $16.25. The stock’s 50-day simple moving average is $11.40 and its two-hundred day simple moving average is $9.90.

About YieldMax SNOW Option Income Strategy ETF

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.