YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Short Interest Up 34.9% in January

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 819,143 shares, a growth of 34.9% from the December 31st total of 607,277 shares. Based on an average trading volume of 1,633,149 shares, the short-interest ratio is presently 0.5 days. Approximately 4.1% of the shares of the company are short sold. Approximately 4.1% of the shares of the company are short sold. Based on an average trading volume of 1,633,149 shares, the short-interest ratio is presently 0.5 days.

YieldMax SMCI Option Income Strategy ETF Trading Down 2.8%

Shares of NYSEARCA:SMCY traded down $0.22 during trading on Friday, hitting $7.61. 863,410 shares of the company were exchanged, compared to its average volume of 1,711,302. YieldMax SMCI Option Income Strategy ETF has a 52-week low of $7.57 and a 52-week high of $36.88. The stock has a 50 day moving average of $8.62 and a 200 day moving average of $13.40.

YieldMax SMCI Option Income Strategy ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were paid a $0.0728 dividend. The ex-dividend date was Thursday, January 29th. This represents a yield of 6,362.0%.

Hedge Funds Weigh In On YieldMax SMCI Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax SMCI Option Income Strategy ETF stock. FNY Investment Advisers LLC boosted its position in YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) by 278.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,300 shares of the company’s stock after acquiring an additional 3,900 shares during the quarter. FNY Investment Advisers LLC’s holdings in YieldMax SMCI Option Income Strategy ETF were worth $42,000 as of its most recent filing with the Securities & Exchange Commission.

YieldMax SMCI Option Income Strategy ETF Company Profile

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.