YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Short Interest Down 37.4% in June

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 1,411,737 shares, a drop of 37.4% from the June 15th total of 2,254,891 shares. Currently, 6.7% of the company’s shares are sold short. Based on an average daily trading volume, of 757,837 shares, the days-to-cover ratio is currently 1.9 days.

Hedge Funds Weigh In On YieldMax Gold Miners Option Income Strategy ETF

An institutional investor recently bought a new stake in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC bought a new stake in shares of YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 4,000 shares of the company’s stock, valued at approximately $40,000.

YieldMax Gold Miners Option Income Strategy ETF Price Performance

YieldMax Gold Miners Option Income Strategy ETF stock traded up $0.04 during midday trading on Friday, reaching $9.52. The stock had a trading volume of 256,386 shares, compared to its average volume of 878,179. The stock’s 50-day simple moving average is $11.25 and its 200 day simple moving average is $14.09. YieldMax Gold Miners Option Income Strategy ETF has a twelve month low of $9.27 and a twelve month high of $18.89.

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.