Short Interest in YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) Declines By 53.5%

YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) was the recipient of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 2,583,093 shares, a decline of 53.5% from the May 14th total of 5,557,315 shares. Currently, 5.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,827,452 shares, the short-interest ratio is currently 1.4 days.

Institutional Trading of YieldMax MSTR Option Income Strategy ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the third quarter valued at $216,000. Captrust Financial Advisors acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the second quarter valued at $341,000. FNY Investment Advisers LLC boosted its position in YieldMax MSTR Option Income Strategy ETF by 178.0% during the third quarter. FNY Investment Advisers LLC now owns 22,800 shares of the company’s stock valued at $318,000 after purchasing an additional 14,600 shares during the last quarter. NewEdge Advisors LLC acquired a new stake in YieldMax MSTR Option Income Strategy ETF during the third quarter valued at $180,000. Finally, Cornerstone Planning Group LLC boosted its position in YieldMax MSTR Option Income Strategy ETF by 16,788.9% during the fourth quarter. Cornerstone Planning Group LLC now owns 3,040 shares of the company’s stock valued at $89,000 after purchasing an additional 3,022 shares during the last quarter.

YieldMax MSTR Option Income Strategy ETF Stock Up 4.5%

NYSEARCA:MSTY traded up $0.78 during trading hours on Monday, hitting $18.11. 1,153,147 shares of the company’s stock traded hands, compared to its average volume of 1,493,086. YieldMax MSTR Option Income Strategy ETF has a twelve month low of $16.00 and a twelve month high of $114.80. The stock’s fifty day moving average price is $22.77 and its two-hundred day moving average price is $26.02.

YieldMax MSTR Option Income Strategy ETF Company Profile

The YieldMax MSTR Option Income Strategy ETF (MSTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the MicroStrategy stock (MSTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSTY was launched on Feb 22, 2024 and is issued by YieldMax.