YieldMax Bitcoin Option Income ETF (NYSEARCA:YBIT) Shares Up 0.8% – What’s Next?

YieldMax Bitcoin Option Income ETF (NYSEARCA:YBITGet Free Report)’s stock price was up 0.8% during trading on Friday . The stock traded as high as $25.58 and last traded at $25.04. Approximately 36,719 shares were traded during mid-day trading, a decline of 11% from the average daily volume of 41,102 shares. The stock had previously closed at $24.84.

YieldMax Bitcoin Option Income ETF Stock Performance

The firm’s 50-day moving average is $28.40 and its 200-day moving average is $37.52.

YieldMax Bitcoin Option Income ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.3054 per share. This represents a yield of 5,251.0%. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax Bitcoin Option Income ETF Company Profile

(Get Free Report)

The YieldMax Bitcoin Option Income Strategy ETF (YBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a synthetic covered call strategy based on futures contracts against Bitcoin. The strategy aims to provide income in which gains are capped and losses are not YBIT was launched on Apr 22, 2024 and is issued by YieldMax.

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