YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Sees Significant Increase in Short Interest

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) was the target of a large growth in short interest in August. As of August 14th, there was short interest totaling 147,106 shares, a growth of 103.2% from the July 30th total of 72,392 shares. Currently, 1.6% of the company’s stock are sold short. Based on an average daily volume of 133,961 shares, the days-to-cover ratio is currently 1.1 days.

YieldMax MSFT Option Income Strategy ETF Stock Up 1.4%

MSFO stock opened at $12.56 on Friday. YieldMax MSFT Option Income Strategy ETF has a 1 year low of $9.89 and a 1 year high of $18.10. The company has a fifty day simple moving average of $11.39 and a 200 day simple moving average of $11.91.

About YieldMax MSFT Option Income Strategy ETF

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.