YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Sees Significant Decline in Short Interest

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) saw a large decline in short interest in the month of January. As of January 30th, there was short interest totaling 17,274 shares, a decline of 19.3% from the January 15th total of 21,397 shares. Currently, 0.5% of the company’s shares are sold short. Based on an average daily trading volume, of 40,858 shares, the short-interest ratio is currently 0.4 days. Based on an average daily trading volume, of 40,858 shares, the short-interest ratio is currently 0.4 days. Currently, 0.5% of the company’s shares are sold short.

YieldMax JPM Option Income Strategy ETF Stock Performance

Shares of NYSEARCA:JPMO traded down $0.04 during trading on Monday, reaching $14.53. 22,686 shares of the company were exchanged, compared to its average volume of 38,953. The business’s fifty day simple moving average is $15.50 and its 200-day simple moving average is $16.17. YieldMax JPM Option Income Strategy ETF has a 12-month low of $13.64 and a 12-month high of $19.52.

YieldMax JPM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, February 13th. Shareholders of record on Thursday, February 12th were issued a dividend of $0.0542 per share. This represents a yield of 2,213.0%. The ex-dividend date was Thursday, February 12th.

YieldMax JPM Option Income Strategy ETF Company Profile

The YieldMax JPM Option Income Strategy ETF (JPMO) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the JPMorgan Chase & Co stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys JPMO was launched on Sep 11, 2023 and is issued by YieldMax.