YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Sees Significant Growth in Short Interest

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 33,955 shares, a growth of 59.5% from the July 30th total of 21,283 shares. Approximately 0.5% of the company’s stock are short sold. Based on an average daily trading volume, of 92,326 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On YieldMax TSM Option Income Strategy ETF

An institutional investor recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned about 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax TSM Option Income Strategy ETF Trading Down 0.2%

Shares of NYSEARCA TSMY traded down $0.03 during mid-day trading on Monday, reaching $14.97. The company had a trading volume of 193,453 shares, compared to its average volume of 173,812. YieldMax TSM Option Income Strategy ETF has a twelve month low of $14.18 and a twelve month high of $18.02. The stock’s 50 day moving average is $15.79 and its 200-day moving average is $16.17.

YieldMax TSM Option Income Strategy ETF Company Profile

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.