YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Stock Short Interest Report for October

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a significant growth in short interest in the month of October. As of October 15th, there was short interest totaling 59,427 shares, a growth of 491.6% from the September 30th total of 10,045 shares. Based on an average trading volume of 178,867 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.8% of the shares of the company are short sold.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. boosted its stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 20,978 shares of the company’s stock after purchasing an additional 11,899 shares during the quarter. Sunbelt Securities Inc. owned about 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 as of its most recent SEC filing.

YieldMax TSM Option Income Strategy ETF Stock Down 1.7%

YieldMax TSM Option Income Strategy ETF stock traded down $0.26 during mid-day trading on Thursday, reaching $14.52. 23,994 shares of the stock traded hands, compared to its average volume of 165,267. The business’s 50-day moving average is $15.14 and its 200-day moving average is $15.96. YieldMax TSM Option Income Strategy ETF has a 12-month low of $13.82 and a 12-month high of $18.02.

YieldMax TSM Option Income Strategy ETF Company Profile

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.