YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT – Get Free Report) was the recipient of a significant decrease in short interest in the month of December. As of December 15th, there was short interest totaling 40,534 shares, a decrease of 76.5% from the November 30th total of 172,379 shares. Approximately 1.6% of the shares of the company are short sold. Based on an average trading volume of 39,432 shares, the days-to-cover ratio is presently 1.0 days. Based on an average trading volume of 39,432 shares, the days-to-cover ratio is presently 1.0 days. Approximately 1.6% of the shares of the company are short sold.
YieldMax Bitcoin Option Income ETF Price Performance
Shares of NYSEARCA YBIT traded down $0.13 during midday trading on Thursday, reaching $33.97. 16,493 shares of the stock were exchanged, compared to its average volume of 65,773. The firm has a 50-day simple moving average of $38.67 and a two-hundred day simple moving average of $47.04. YieldMax Bitcoin Option Income ETF has a twelve month low of $33.02 and a twelve month high of $68.65.
YieldMax Bitcoin Option Income ETF Announces Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were issued a $1.223 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a yield of 4,420.0%.
Institutional Investors Weigh In On YieldMax Bitcoin Option Income ETF
YieldMax Bitcoin Option Income ETF Company Profile
The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.
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