YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Shares Shorted: Short Interest Up 146.7% in September

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) saw a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,247,081 shares, a growth of 146.7% from the August 31st total of 910,900 shares. Based on an average daily trading volume, of 1,716,708 shares, the short-interest ratio is currently 1.3 days. Currently, 8.4% of the company’s shares are sold short.

YieldMax SMCI Option Income Strategy ETF Price Performance

Shares of SMCY traded down $0.15 during trading hours on Monday, reaching $5.38. The stock had a trading volume of 954,120 shares, compared to its average volume of 1,269,733. YieldMax SMCI Option Income Strategy ETF has a 52 week low of $3.99 and a 52 week high of $17.73. The firm has a 50-day moving average of $5.13 and a 200 day moving average of $5.65.

About YieldMax SMCI Option Income Strategy ETF

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.