YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Sees Large Decrease in Short Interest

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totaling 11,297 shares, a drop of 13.5% from the December 31st total of 13,062 shares. Approximately 0.4% of the shares of the stock are short sold. Based on an average trading volume of 48,176 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 48,176 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.4% of the shares of the stock are short sold.

YieldMax XOM Option Income Strategy ETF Stock Up 1.3%

Shares of NYSEARCA XOMO traded up $0.17 during trading on Wednesday, hitting $13.24. 50,449 shares of the company were exchanged, compared to its average volume of 66,323. The company has a fifty day moving average price of $11.92 and a 200-day moving average price of $11.93. YieldMax XOM Option Income Strategy ETF has a 12-month low of $11.32 and a 12-month high of $14.92.

YieldMax XOM Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were paid a dividend of $0.0524 per share. This represents a yield of 3,767.0%. The ex-dividend date of this dividend was Thursday, January 29th.

About YieldMax XOM Option Income Strategy ETF

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.