YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY – Get Free Report) saw a large decrease in short interest in October. As of October 15th, there was short interest totaling 198,042 shares, a decrease of 38.6% from the September 30th total of 322,307 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 798,700 shares, the days-to-cover ratio is currently 0.2 days.
Hedge Funds Weigh In On YieldMax Gold Miners Option Income Strategy ETF
A hedge fund recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC purchased a new position in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company’s stock, valued at approximately $40,000.
YieldMax Gold Miners Option Income Strategy ETF Stock Up 2.0%
Shares of NYSEARCA GDXY traded up $0.17 during trading on Monday, hitting $8.84. 800,965 shares of the company were exchanged, compared to its average volume of 834,216. YieldMax Gold Miners Option Income Strategy ETF has a 12-month low of $8.53 and a 12-month high of $18.89. The company has a fifty day moving average price of $10.45 and a 200-day moving average price of $12.60.
About YieldMax Gold Miners Option Income Strategy ETF
The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.
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