YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) Stock Short Interest Jumps 108.7%

YieldMax SNOW Option Income Strategy ETF (NYSEARCA:SNOY) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 110,265 shares, a growth of 108.7% from the September 15th total of 52,829 shares. Approximately 1.8% of the company’s stock are short sold. Based on an average daily trading volume, of 95,132 shares, the days-to-cover ratio is currently 1.2 days.

YieldMax SNOW Option Income Strategy ETF Stock Down 0.7%

Shares of NYSEARCA SNOY traded down $0.08 during mid-day trading on Tuesday, reaching $11.64. 98,704 shares of the company’s stock traded hands, compared to its average volume of 120,578. The business has a 50-day simple moving average of $11.40 and a 200 day simple moving average of $9.88. YieldMax SNOW Option Income Strategy ETF has a 1-year low of $6.17 and a 1-year high of $16.25.

YieldMax SNOW Option Income Strategy ETF Company Profile

The YieldMax SNOW Option Income Strategy ETF (SNOY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Snowflake stock (SNOW) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. SNOY was launched on Jun 10, 2024 and is issued by YieldMax.