YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Trading Down 0.2% – Time to Sell?

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY)’s stock price dropped 0.2% during trading on Thursday . The company traded as low as $46.90 and last traded at $47.12. Approximately 959 shares changed hands during trading, a decline of 74% from the average daily volume of 3,667 shares. The stock had previously closed at $47.21.

YieldMax ABNB Option Income Strategy ETF Price Performance

The firm has a 50-day moving average of $46.62 and a 200-day moving average of $51.98.

YieldMax ABNB Option Income Strategy ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were issued a dividend of $0.7455 per share. This represents a dividend yield of 3,518.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Institutional Investors Weigh In On YieldMax ABNB Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax ABNB Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new stake in shares of YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 22,155 shares of the company’s stock, valued at approximately $275,000. OLD Mission Capital LLC owned 0.93% of YieldMax ABNB Option Income Strategy ETF at the end of the most recent quarter.

YieldMax ABNB Option Income Strategy ETF Company Profile

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.