YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Short Interest Update

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) was the recipient of a large decline in short interest in the month of March. As of March 13th, there was short interest totaling 86,223 shares, a decline of 58.6% from the February 26th total of 208,411 shares. Currently, 2.1% of the shares of the company are short sold. Based on an average daily volume of 127,782 shares, the short-interest ratio is presently 0.7 days.

Hedge Funds Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

YieldMax TSM Option Income Strategy ETF Stock Performance

Shares of NYSEARCA:TSMY traded up $0.05 on Friday, reaching $14.84. 76,144 shares of the company’s stock were exchanged, compared to its average volume of 202,638. YieldMax TSM Option Income Strategy ETF has a twelve month low of $12.10 and a twelve month high of $17.96. The company has a fifty day moving average of $16.24 and a 200-day moving average of $16.16.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 27th. Investors of record on Thursday, February 26th were given a dividend of $0.1104 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a yield of 5,158.0%.

YieldMax TSM Option Income Strategy ETF Company Profile

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.