YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Sees Large Decline in Short Interest

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFOGet Free Report) was the target of a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 82,433 shares, a drop of 52.0% from the June 30th total of 171,655 shares. Based on an average trading volume of 66,527 shares, the short-interest ratio is currently 1.2 days. Approximately 1.1% of the company’s stock are sold short.

YieldMax MSFT Option Income Strategy ETF Trading Down 0.7%

MSFO traded down $0.07 during trading on Wednesday, hitting $10.55. The company had a trading volume of 29,429 shares, compared to its average volume of 114,090. YieldMax MSFT Option Income Strategy ETF has a one year low of $9.89 and a one year high of $18.75. The firm’s 50-day moving average price is $11.08 and its 200 day moving average price is $12.17.

About YieldMax MSFT Option Income Strategy ETF

(Get Free Report)

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.

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