YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Get Free Report) was the recipient of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 30,265 shares, a drop of 59.8% from the April 30th total of 75,211 shares. Based on an average trading volume of 174,882 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.5% of the shares of the stock are sold short.
YieldMax TSM Option Income Strategy ETF Trading Down 1.1%
TSMY traded down $0.19 on Friday, hitting $16.70. 146,684 shares of the company’s stock were exchanged, compared to its average volume of 175,866. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $14.30 and a fifty-two week high of $17.96. The firm has a 50-day moving average price of $16.13 and a 200-day moving average price of $16.05.
Institutional Trading of 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. purchased a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY – Free Report) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 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 at the end of the most recent reporting period.
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.
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