YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Large Increase in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYGet Free Report) was the target of a large increase in short interest in the month of December. As of December 15th, there was short interest totaling 34,156 shares, an increase of 185.6% from the November 30th total of 11,958 shares. Currently, 0.8% of the company’s stock are sold short. Based on an average daily trading volume, of 81,500 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 81,500 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.8% of the company’s stock are sold short.

YieldMax TSM Option Income Strategy ETF Stock Up 0.2%

NYSEARCA TSMY traded up $0.03 on Friday, reaching $15.44. The company had a trading volume of 46,796 shares, compared to its average volume of 90,232. YieldMax TSM Option Income Strategy ETF has a 1 year low of $12.10 and a 1 year high of $20.65. The firm has a 50-day moving average of $15.78 and a 200-day moving average of $16.07.

YieldMax TSM Option Income Strategy ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were issued a dividend of $0.2289 per share. This represents a yield of 2,167.0%. The ex-dividend date of this dividend was Thursday, December 18th.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. OLD Mission Capital LLC increased its holdings in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYFree Report) by 294.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 87,392 shares of the company’s stock after acquiring an additional 65,230 shares during the quarter. OLD Mission Capital LLC owned approximately 2.98% of YieldMax TSM Option Income Strategy ETF worth $1,280,000 at the end of the most recent quarter.

YieldMax TSM Option Income Strategy ETF Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for YieldMax TSM Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax TSM Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.