Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Expands By 243.9%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a significant increase in short interest in January. As of January 30th, there was short interest totaling 98,575 shares, an increase of 243.9% from the January 15th total of 28,664 shares. Based on an average daily trading volume, of 154,129 shares, the short-interest ratio is presently 0.6 days. Currently, 2.4% of the company’s stock are short sold. Currently, 2.4% of the company’s stock are short sold. Based on an average daily trading volume, of 154,129 shares, the short-interest ratio is presently 0.6 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. purchased a new stake in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax TSM Option Income Strategy ETF Stock Performance

Shares of NYSEARCA TSMY traded down $0.09 during mid-day trading on Friday, reaching $17.06. 74,420 shares of the company traded hands, compared to its average volume of 124,854. The company’s fifty day moving average is $16.00 and its two-hundred day moving average is $16.07. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $12.10 and a fifty-two week high of $18.58.

YieldMax TSM Option Income Strategy ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, February 13th. Investors of record on Thursday, February 12th will be issued a dividend of $0.1104 per share. This represents a dividend yield of 4,069.0%. The ex-dividend date of this dividend is Thursday, February 12th.

YieldMax TSM Option Income Strategy ETF Company Profile

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.