YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Short Interest Update

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) was the target of a significant decline in short interest in December. As of December 15th, there was short interest totaling 4,786 shares, a decline of 82.0% from the November 30th total of 26,532 shares. Based on an average trading volume of 8,270 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short. Currently, 0.5% of the company’s stock are sold short. Based on an average trading volume of 8,270 shares, the days-to-cover ratio is presently 0.6 days.

YieldMax PYPL Option Income Strategy ETF Trading Up 0.8%

YieldMax PYPL Option Income Strategy ETF stock traded up $0.33 during mid-day trading on Thursday, reaching $41.91. The company’s stock had a trading volume of 6,921 shares, compared to its average volume of 11,050. The firm has a market cap of $39.40 million, a price-to-earnings ratio of 18.19 and a beta of 0.81. YieldMax PYPL Option Income Strategy ETF has a twelve month low of $41.11 and a twelve month high of $93.10. The business has a 50 day moving average price of $46.18 and a 200-day moving average price of $54.45.

YieldMax PYPL Option Income Strategy ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were issued a $0.4415 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a dividend yield of 3,224.0%.

Institutional Investors Weigh In On YieldMax PYPL Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax PYPL Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new position in YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 13,812 shares of the company’s stock, valued at approximately $181,000. OLD Mission Capital LLC owned approximately 0.36% of YieldMax PYPL Option Income Strategy ETF at the end of the most recent quarter.

YieldMax PYPL Option Income Strategy ETF Company Profile

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. PYPY was launched on Sep 25, 2023 and is issued by YieldMax.