YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Short Interest Update

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) was the recipient of a significant increase in short interest during the month of March. As of March 31st, there was short interest totaling 147,661 shares, an increase of 22.2% from the March 15th total of 120,799 shares. Based on an average trading volume of 75,887 shares, the short-interest ratio is presently 1.9 days. Approximately 9.7% of the shares of the company are sold short.

YieldMax Short COIN Option Income Strategy ETF Price Performance

FIAT traded down $0.55 on Thursday, reaching $22.45. The company had a trading volume of 75,895 shares, compared to its average volume of 91,525. YieldMax Short COIN Option Income Strategy ETF has a 1 year low of $22.05 and a 1 year high of $86.20. The stock has a 50-day moving average price of $27.59 and a 200-day moving average price of $26.81.

Institutional Investors Weigh In On YieldMax Short COIN Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax Short COIN Option Income Strategy ETF stock. Arkadios Wealth Advisors bought a new stake in YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 21,000 shares of the company’s stock, valued at approximately $57,000. Arkadios Wealth Advisors owned about 0.12% of YieldMax Short COIN Option Income Strategy ETF as of its most recent filing with the Securities & Exchange Commission.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.