YieldMax Innovation Option Income Strategy ETF Stock to Reverse Split on Tuesday, December 2nd (NYSEARCA:OARK)

YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARKFree Report) shares are going to reverse split on Tuesday, December 2nd. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the closing bell on Monday, December 1st.

YieldMax Innovation Option Income Strategy ETF Trading Up 0.9%

NYSEARCA OARK opened at $7.65 on Friday. The business’s fifty day simple moving average is $8.59 and its 200-day simple moving average is $8.57. YieldMax Innovation Option Income Strategy ETF has a 52 week low of $6.34 and a 52 week high of $11.35.

YieldMax Innovation Option Income Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, November 21st. Investors of record on Thursday, November 20th were given a dividend of $0.2137 per share. This represents a yield of 5,106.0%. The ex-dividend date was Thursday, November 20th.

About YieldMax Innovation Option Income Strategy ETF

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The YieldMax ARKK Option Income Strategy ETF (OARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to provide current income and capped gains on the ARK Innovation ETF (ARKK) through a synthetic covered call strategy, collateralized by cash and US Treasurys.

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