YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Short Interest Update

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABOGet Free Report) saw a large decline in short interest during the month of August. As of August 31st, there was short interest totaling 19,599 shares, a decline of 60.7% from the August 15th total of 49,921 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily volume of 58,568 shares, the short-interest ratio is presently 0.3 days.

YieldMax BABA Option Income Strategy ETF Trading Up 1.1%

NYSEARCA BABO opened at $7.35 on Friday. The company’s 50 day simple moving average is $8.16 and its 200 day simple moving average is $9.36. YieldMax BABA Option Income Strategy ETF has a 12 month low of $7.00 and a 12 month high of $20.00.

YieldMax BABA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax BABA Option Income Strategy ETF (BABO) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. BABO was launched on Aug 7, 2024 and is issued by YieldMax.

Recommended Stories

Receive News & Ratings for YieldMax BABA Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax BABA Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.