YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) Short Interest Up 257.1% in October

YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 40,000 shares, an increase of 257.1% from the September 30th total of 11,200 shares. Approximately 1.0% of the shares of the stock are short sold. Based on an average daily trading volume, of 118,200 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 118,200 shares, the short-interest ratio is currently 0.3 days. Approximately 1.0% of the shares of the stock are short sold.

Hedge Funds Weigh In On YieldMax BABA Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax BABA Option Income Strategy ETF stock. OLD Mission Capital LLC grew its holdings in shares of YieldMax BABA Option Income Strategy ETF (NYSEARCA:BABO) by 126.6% in the 1st quarter, according to the company in its most recent 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 as of its most recent filing with the Securities and Exchange Commission.

YieldMax BABA Option Income Strategy ETF Price Performance

YieldMax BABA Option Income Strategy ETF stock opened at $16.32 on Wednesday. The company’s 50-day moving average price is $16.86 and its two-hundred day moving average price is $16.25. YieldMax BABA Option Income Strategy ETF has a 52 week low of $14.09 and a 52 week high of $24.00.

YieldMax BABA Option Income Strategy ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Friday, October 24th. Shareholders of record on Thursday, October 23rd were paid a dividend of $0.135 per share. The ex-dividend date of this dividend was Thursday, October 23rd. This represents a yield of 10,034.0%.

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.