YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Short Interest Update

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) was the target of a significant increase in short interest in December. As of December 15th, there was short interest totaling 30,636 shares, an increase of 145.6% from the November 30th total of 12,474 shares. Based on an average trading volume of 45,756 shares, the short-interest ratio is presently 0.7 days. Currently, 0.8% of the company’s stock are short sold. Currently, 0.8% of the company’s stock are short sold. Based on an average trading volume of 45,756 shares, the short-interest ratio is presently 0.7 days.

YieldMax BABA Option Income Strategy ETF Stock Performance

NYSEARCA BABO traded up $0.01 on Friday, reaching $13.60. The stock had a trading volume of 26,293 shares, compared to its average volume of 85,708. YieldMax BABA Option Income Strategy ETF has a 1 year low of $13.31 and a 1 year high of $24.00. The business has a 50 day moving average price of $14.67 and a 200 day moving average price of $15.57.

YieldMax BABA Option Income Strategy ETF Announces Dividend

The firm also recently announced a dividend, which will be paid on Monday, December 29th. Shareholders of record on Friday, December 26th will be paid a $0.135 dividend. The ex-dividend date is Friday, December 26th. This represents a yield of 3,537.0%.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in YieldMax BABA Option Income Strategy ETF stock. OLD Mission Capital LLC increased its holdings in YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) by 126.6% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,350 shares of the company’s stock after purchasing an additional 15,838 shares during the period. OLD Mission Capital LLC owned approximately 1.24% of YieldMax BABA Option Income Strategy ETF worth $563,000 at the end of the most recent reporting period.

YieldMax BABA Option Income Strategy ETF Company Profile

The YieldMax BABA Option Income Strategy ETF (BABO) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Alibaba stock (BABA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. BABO was launched on Aug 7, 2024 and is issued by YieldMax.