YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Down 57.5% in August

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large decrease in short interest in August. As of August 31st, there was short interest totaling 14,445 shares, a decrease of 57.5% from the August 15th total of 33,955 shares. Based on an average daily trading volume, of 142,683 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

YieldMax TSM Option Income Strategy ETF Stock Performance

NYSEARCA TSMY traded down $0.27 on Monday, reaching $14.95. The company’s stock had a trading volume of 133,988 shares, compared to its average volume of 172,593. YieldMax TSM Option Income Strategy ETF has a 52 week low of $14.18 and a 52 week high of $18.02. The business has a 50-day moving average price of $15.43 and a 200 day moving average price of $16.04.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned approximately 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent filing with the SEC.

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.