YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Up 346.6% in July

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was the target of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 131,535 shares, a growth of 346.6% from the July 15th total of 29,454 shares. Approximately 3.8% of the company’s shares are sold short. Based on an average daily trading volume, of 57,279 shares, the short-interest ratio is presently 2.3 days.

YieldMax XOM Option Income Strategy ETF Stock Down 1.3%

XOMO stock traded down $0.15 during midday trading on Thursday, hitting $11.18. The stock had a trading volume of 29,984 shares, compared to its average volume of 120,151. YieldMax XOM Option Income Strategy ETF has a 12-month low of $10.38 and a 12-month high of $14.14. The company’s 50-day moving average price is $11.01 and its 200 day moving average price is $12.06.

YieldMax XOM Option Income Strategy ETF Company Profile

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.