YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Short Interest Update

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) was the recipient of a significant increase in short interest during the month of January. As of January 15th, there was short interest totaling 240,193 shares, an increase of 87.3% from the December 31st total of 128,228 shares. Based on an average trading volume of 128,330 shares, the short-interest ratio is presently 1.9 days. Approximately 2.2% of the shares of the company are sold short. Approximately 2.2% of the shares of the company are sold short. Based on an average trading volume of 128,330 shares, the short-interest ratio is presently 1.9 days.

YieldMax META Option Income Strategy ETF Stock Down 2.4%

FBY traded down $0.32 during trading on Friday, hitting $13.16. 174,743 shares of the stock were exchanged, compared to its average volume of 145,317. The firm has a market capitalization of $141.21 million, a P/E ratio of 26.70 and a beta of 1.29. The stock has a fifty day moving average price of $12.55 and a two-hundred day moving average price of $14.50. YieldMax META Option Income Strategy ETF has a 1-year low of $11.46 and a 1-year high of $21.25.

YieldMax META Option Income Strategy ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, January 30th. Shareholders of record on Thursday, January 29th will be given a dividend of $0.0583 per share. This represents a yield of 2,419.0%. The ex-dividend date of this dividend is Thursday, January 29th.

YieldMax META Option Income Strategy ETF Company Profile

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.