YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Short Interest Down 71.9% in May

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) was the target of a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 5,967 shares, a drop of 71.9% from the May 14th total of 21,251 shares. Based on an average daily volume of 8,035 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.2% of the company’s shares are sold short.

YieldMax ABNB Option Income Strategy ETF Price Performance

Shares of NYSEARCA ABNY traded up $0.43 during mid-day trading on Friday, reaching $39.43. The company had a trading volume of 9,331 shares, compared to its average volume of 6,213. The stock has a fifty day moving average of $41.38 and a two-hundred day moving average of $43.27. YieldMax ABNB Option Income Strategy ETF has a 12-month low of $37.89 and a 12-month high of $61.45.

YieldMax ABNB Option Income Strategy ETF Company Profile

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.