YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Sees Significant Drop in Short Interest

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) was the recipient of a large drop in short interest during the month of January. As of January 15th, there was short interest totaling 671 shares, a drop of 26.6% from the December 31st total of 914 shares. Based on an average trading volume of 2,634 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold. Currently, 0.1% of the company’s shares are short sold. Based on an average trading volume of 2,634 shares, the short-interest ratio is presently 0.3 days.

YieldMax ABNB Option Income Strategy ETF Stock Performance

Shares of ABNY stock traded down $2.49 during trading hours on Tuesday, reaching $42.30. 803 shares of the company’s stock were exchanged, compared to its average volume of 2,568. YieldMax ABNB Option Income Strategy ETF has a fifty-two week low of $42.70 and a fifty-two week high of $82.85. The stock’s 50 day moving average is $46.03 and its 200-day moving average is $49.01.

YieldMax ABNB Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a dividend of $0.2688 per share. The ex-dividend date of this dividend was Thursday, January 29th. This represents a yield of 2,892.0%.

YieldMax ABNB Option Income Strategy ETF Company Profile

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.