YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Sees Large Growth in Short Interest

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) was the target of a large increase in short interest in February. As of February 13th, there was short interest totaling 20,554 shares, an increase of 19.0% from the January 29th total of 17,274 shares. Based on an average trading volume of 28,489 shares, the short-interest ratio is currently 0.7 days. Approximately 0.6% of the company’s stock are sold short. Approximately 0.6% of the company’s stock are sold short. Based on an average trading volume of 28,489 shares, the short-interest ratio is currently 0.7 days.

YieldMax JPM Option Income Strategy ETF Price Performance

JPMO traded down $0.11 during trading on Wednesday, reaching $14.23. 36,943 shares of the stock traded hands, compared to its average volume of 48,864. The stock’s 50-day simple moving average is $15.20 and its two-hundred day simple moving average is $16.00. YieldMax JPM Option Income Strategy ETF has a fifty-two week low of $13.64 and a fifty-two week high of $18.33.

YieldMax JPM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were issued a $0.0542 dividend. The ex-dividend date was Thursday, February 26th. This represents a yield of 2,605.0%.

YieldMax JPM Option Income Strategy ETF Company Profile

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.