Short Interest in YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Drops By 46.4%

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) saw a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 78,246 shares, a decrease of 46.4% from the March 15th total of 145,928 shares. Currently, 1.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 212,315 shares, the short-interest ratio is presently 0.4 days.

YieldMax SNOW Option Income Strategy ETF Trading Up 1.4%

YieldMax SNOW Option Income Strategy ETF stock traded up $0.10 during mid-day trading on Tuesday, hitting $7.00. The stock had a trading volume of 46,994 shares, compared to its average volume of 113,133. The firm’s 50 day moving average is $8.68 and its 200 day moving average is $11.90. YieldMax SNOW Option Income Strategy ETF has a one year low of $6.17 and a one year high of $17.81.

YieldMax SNOW Option Income Strategy ETF Company Profile

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.