YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Shares Shorted: Short Interest Down 85.1% in October

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a large drop in short interest in October. As of October 30th, there was short interest totaling 8,866 shares, a drop of 85.1% from the October 15th total of 59,427 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average trading volume of 91,834 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. raised its position in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 20,978 shares of the company’s stock after buying an additional 11,899 shares during the period. Sunbelt Securities Inc. owned about 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 as of its most recent filing with the SEC.

YieldMax TSM Option Income Strategy ETF Stock Up 1.1%

Shares of NYSEARCA TSMY opened at $13.27 on Wednesday. YieldMax TSM Option Income Strategy ETF has a 1-year low of $11.85 and a 1-year high of $18.02. The company has a 50-day moving average of $14.82 and a two-hundred day moving average of $15.82.

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.