YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Large Decline in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYGet Free Report) was the recipient of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 22,968 shares, a drop of 76.7% from the January 29th total of 98,575 shares. Based on an average trading volume of 140,043 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.6% of the company’s shares are short sold. Currently, 0.6% of the company’s shares are short sold. Based on an average trading volume of 140,043 shares, the days-to-cover ratio is presently 0.2 days.

YieldMax TSM Option Income Strategy ETF Trading Down 3.8%

NYSEARCA TSMY traded down $0.68 during mid-day trading on Thursday, hitting $17.16. The company’s stock had a trading volume of 182,312 shares, compared to its average volume of 139,141. YieldMax TSM Option Income Strategy ETF has a 52-week low of $12.10 and a 52-week high of $17.96. The stock’s fifty day simple moving average is $16.27 and its two-hundred day simple moving average is $16.12.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 27th. Stockholders of record on Thursday, February 26th will be paid a dividend of $0.1104 per share. The ex-dividend date is Thursday, February 26th. This represents a dividend yield of 5,179.0%.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. acquired a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYFree Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax TSM Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.

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