Short Interest in YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) Declines By 55.7%

YieldMax AI Option Income Strategy ETF (NYSEARCA:AIYY) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 48,279 shares, a decrease of 55.7% from the May 14th total of 109,053 shares. Based on an average trading volume of 82,982 shares, the short-interest ratio is currently 0.6 days. Currently, 1.9% of the shares of the company are sold short.

YieldMax AI Option Income Strategy ETF Price Performance

Shares of NYSEARCA AIYY traded down $0.32 during mid-day trading on Friday, hitting $9.86. The stock had a trading volume of 72,286 shares, compared to its average volume of 73,463. The company has a 50 day moving average of $9.77 and a two-hundred day moving average of $13.23. YieldMax AI Option Income Strategy ETF has a twelve month low of $8.55 and a twelve month high of $47.97.

About YieldMax AI Option Income Strategy ETF

The YieldMax AI Option Income Strategy ETF (AIYY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the C3 ai, Inc stock (AI) through a synthetic covered call strategy, collateralized by cash and US Treasurys AIYY was launched on Nov 27, 2023 and is issued by YieldMax.