YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONY) Short Interest Down 42.4% in July

YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONYGet Free Report) was the recipient of a significant drop in short interest in July. As of July 31st, there was short interest totaling 472,047 shares, a drop of 42.4% from the July 15th total of 818,918 shares. Currently, 2.6% of the company’s stock are short sold. Based on an average trading volume of 334,238 shares, the days-to-cover ratio is presently 1.4 days.

YieldMax COIN Option Income Strategy ETF Stock Performance

Shares of YieldMax COIN Option Income Strategy ETF stock opened at $17.94 on Monday. YieldMax COIN Option Income Strategy ETF has a 52-week low of $17.22 and a 52-week high of $78.20. The company has a 50 day moving average of $19.79 and a 200 day moving average of $24.78.

Institutional Investors Weigh In On YieldMax COIN Option Income Strategy ETF

A hedge fund recently raised its position in YieldMax COIN Option Income Strategy ETF stock. Captrust Financial Advisors lifted its position in shares of YieldMax COIN Option Income Strategy ETF (NYSEARCA:CONYFree Report) by 63.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 35,865 shares of the company’s stock after purchasing an additional 13,949 shares during the period. Captrust Financial Advisors’ holdings in YieldMax COIN Option Income Strategy ETF were worth $327,000 at the end of the most recent reporting period.

YieldMax COIN Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax COIN Option Income Strategy ETF (CONY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Coinbase Global Inc stock (COIN) through a synthetic covered call strategy, collateralized by cash and US Treasurys CONY was launched on Aug 14, 2023 and is issued by YieldMax.

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