Short Interest in YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Drops By 14.6%

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 98,070 shares, a decline of 14.6% from the January 15th total of 114,833 shares. Based on an average daily volume of 77,164 shares, the days-to-cover ratio is currently 1.3 days. Approximately 3.1% of the company’s shares are short sold. Approximately 3.1% of the company’s shares are short sold. Based on an average daily volume of 77,164 shares, the days-to-cover ratio is currently 1.3 days.

YieldMax AI Option Income Strategy ETF Stock Up 2.4%

Shares of NYSEARCA:AIYY traded up $0.31 during midday trading on Wednesday, reaching $13.44. The company’s stock had a trading volume of 3,508 shares, compared to its average volume of 53,615. The firm has a 50 day moving average price of $16.54 and a two-hundred day moving average price of $22.26. YieldMax AI Option Income Strategy ETF has a fifty-two week low of $12.69 and a fifty-two week high of $72.20.

YieldMax AI Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 13th. Investors of record on Thursday, February 12th were given a $0.1894 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a yield of 5,943.0%.

YieldMax AI Option Income Strategy ETF Company Profile

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.