YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Short Interest Down 16.1% in January

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) was the recipient of a significant decline in short interest in the month of January. As of January 15th, there was short interest totaling 21,397 shares, a decline of 16.1% from the December 31st total of 25,505 shares. Currently, 0.6% of the shares of the company are sold short. Based on an average daily volume of 47,676 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 47,676 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the company are sold short.

YieldMax JPM Option Income Strategy ETF Stock Performance

Shares of JPMO traded up $0.14 during midday trading on Wednesday, hitting $15.37. 19,240 shares of the stock traded hands, compared to its average volume of 41,720. YieldMax JPM Option Income Strategy ETF has a 1-year low of $13.64 and a 1-year high of $19.52. The business’s 50 day moving average price is $15.67 and its two-hundred day moving average price is $16.29.

YieldMax JPM Option Income Strategy ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, January 30th. Shareholders of record on Thursday, January 29th were given a $0.0542 dividend. This represents a yield of 2,060.0%. The ex-dividend date of this dividend was Thursday, January 29th.

About YieldMax JPM Option Income Strategy ETF

The YieldMax JPM Option Income Strategy ETF (JPMO) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the JPMorgan Chase & Co stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys JPMO was launched on Sep 11, 2023 and is issued by YieldMax.