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

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) was the recipient of a large decline in short interest in the month of December. As of December 31st, there was short interest totaling 278,546 shares, a decline of 42.3% from the December 15th total of 482,763 shares. Based on an average trading volume of 370,122 shares, the short-interest ratio is presently 0.8 days. Currently, 1.4% of the company’s shares are sold short. Currently, 1.4% of the company’s shares are sold short. Based on an average trading volume of 370,122 shares, the short-interest ratio is presently 0.8 days.

Hedge Funds Weigh In On YieldMax AMZN Option Income Strategy ETF

Several institutional investors have recently modified their holdings of AMZY. Meadowbrook Wealth Management LLC bought a new stake in shares of YieldMax AMZN Option Income Strategy ETF in the 3rd quarter valued at about $246,000. Westend Capital Management LLC boosted its stake in YieldMax AMZN Option Income Strategy ETF by 234.2% during the 3rd quarter. Westend Capital Management LLC now owns 14,813 shares of the company’s stock worth $211,000 after acquiring an additional 10,380 shares during the last quarter. Finally, Captrust Financial Advisors acquired a new position in YieldMax AMZN Option Income Strategy ETF during the second quarter valued at approximately $253,000.

YieldMax AMZN Option Income Strategy ETF Price Performance

Shares of AMZY stock remained flat at $13.26 during trading hours on Thursday. The stock had a trading volume of 646,476 shares, compared to its average volume of 674,378. YieldMax AMZN Option Income Strategy ETF has a one year low of $12.90 and a one year high of $20.08. The firm’s fifty day simple moving average is $13.56 and its 200 day simple moving average is $14.64.

YieldMax AMZN Option Income Strategy ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, January 16th. Shareholders of record on Thursday, January 15th will be paid a $0.0655 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a yield of 3,761.0%.

About YieldMax AMZN Option Income Strategy ETF

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.