YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Up 59.5% in August

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYGet Free Report) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 33,955 shares, a growth of 59.5% from the July 30th total of 21,283 shares. Based on an average daily volume of 92,326 shares, the short-interest ratio is presently 0.4 days. Approximately 0.5% of the shares of the stock are sold short.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYFree Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent SEC filing.

YieldMax TSM Option Income Strategy ETF Price Performance

NYSEARCA:TSMY traded down $0.03 during trading hours on Tuesday, reaching $14.94. 123,041 shares of the company traded hands, compared to its average volume of 173,470. The firm’s 50-day moving average is $15.73 and its 200-day moving average is $16.16. YieldMax TSM Option Income Strategy ETF has a 1-year low of $14.18 and a 1-year high of $18.02.

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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