YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) Short Interest Down 59.1% in June

YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) saw a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,555,713 shares, a drop of 59.1% from the May 31st total of 3,800,576 shares. Based on an average daily trading volume, of 626,817 shares, the short-interest ratio is presently 2.5 days. Approximately 5.7% of the company’s stock are sold short.

Institutional Trading of YieldMax Ultra Option Income Strategy ETF

An institutional investor recently bought a new stake in YieldMax Ultra Option Income Strategy ETF stock. One Capital Management LLC acquired a new position in shares of YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 202,507 shares of the company’s stock, valued at approximately $1,108,000.

YieldMax Ultra Option Income Strategy ETF Stock Performance

Shares of YieldMax Ultra Option Income Strategy ETF stock traded up $0.36 during trading hours on Monday, reaching $29.30. 453,214 shares of the company were exchanged, compared to its average volume of 701,963. The firm has a market cap of $797.84 million, a PE ratio of 40.09 and a beta of 1.43. YieldMax Ultra Option Income Strategy ETF has a 1 year low of $28.61 and a 1 year high of $64.60. The stock’s fifty day moving average is $31.08 and its 200 day moving average is $33.70.

About YieldMax Ultra Option Income Strategy ETF

The YieldMax Ultra Option Income Strategy ETF (ULTY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking to provide monthly income through a portfolio of covered call strategies. The fund generates income via option premiums, dividends from directly held US stocks, and US treasuries ULTY was launched on Feb 28, 2024 and is issued by YieldMax.