Short Interest in YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Drops By 71.3%

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) was the recipient of a significant decline in short interest in June. As of June 15th, there was short interest totaling 1,714 shares, a decline of 71.3% from the May 31st total of 5,967 shares. Based on an average daily volume of 4,261 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are short sold.

YieldMax ABNB Option Income Strategy ETF Stock Performance

ABNY stock remained flat at $39.35 during midday trading on Monday. YieldMax ABNB Option Income Strategy ETF has a one year low of $37.89 and a one year high of $61.45. The business’s fifty day moving average price is $41.00 and its 200 day moving average price is $42.91.

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.