YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Stock Short Interest Falls 39.7%

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) was the recipient of a large decrease in short interest in the month of September. As of September 30th, there was short interest totaling 106,749 shares, a decrease of 39.7% from the September 15th total of 177,144 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 195,219 shares, the short-interest ratio is presently 0.5 days.

YieldMax META Option Income Strategy ETF Trading Down 3.2%

Shares of YieldMax META Option Income Strategy ETF stock traded down $0.30 during trading hours on Friday, hitting $9.16. 124,098 shares of the company were exchanged, compared to its average volume of 160,757. The business has a 50-day moving average of $9.00 and a 200-day moving average of $9.55. YieldMax META Option Income Strategy ETF has a 1 year low of $7.93 and a 1 year high of $15.69. The stock has a market capitalization of $114.50 million, a price-to-earnings ratio of 26.70 and a beta of 1.18.

About YieldMax META Option Income Strategy ETF

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.