YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Stock Short Interest Report for September

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) was the target of a significant drop in short interest during the month of September. As of September 30th, there was short interest totaling 15,789 shares, a drop of 43.3% from the September 15th total of 27,864 shares. Based on an average daily volume of 35,392 shares, the short-interest ratio is presently 0.4 days. Currently, 0.8% of the company’s stock are sold short.

YieldMax BABA Option Income Strategy ETF Stock Down 1.3%

NYSEARCA:BABO traded down $0.09 during mid-day trading on Friday, reaching $7.03. The stock had a trading volume of 43,899 shares, compared to its average volume of 50,008. YieldMax BABA Option Income Strategy ETF has a 1-year low of $6.90 and a 1-year high of $16.65. The stock’s 50 day simple moving average is $7.59 and its two-hundred day simple moving average is $8.66.

YieldMax BABA Option Income Strategy ETF Company Profile

The YieldMax BABA Option Income Strategy ETF (BABO) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. BABO was launched on Aug 7, 2024 and is issued by YieldMax.