YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) Shares Shorted: Short Interest Down 56.6% in September

YieldMax SMCI Option Income Strategy ETF (NYSEARCA:SMCY) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 975,462 shares, a decline of 56.6% from the September 15th total of 2,247,081 shares. Based on an average daily trading volume, of 1,067,282 shares, the short-interest ratio is currently 0.9 days. Currently, 3.6% of the shares of the company are sold short.

YieldMax SMCI Option Income Strategy ETF Price Performance

Shares of NYSEARCA:SMCY traded down $0.09 during trading on Tuesday, reaching $5.03. 1,327,580 shares of the company’s stock traded hands, compared to its average volume of 1,255,212. YieldMax SMCI Option Income Strategy ETF has a 12 month low of $3.99 and a 12 month high of $16.90. The company has a 50 day moving average of $5.29 and a 200-day moving average of $5.55.

About YieldMax SMCI Option Income Strategy ETF

The YieldMax SMCI Option Income Strategy ETF (SMCY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Super Micro Computer Inc stock (SMCI) through a synthetic covered call strategy, collateralized by cash and US Treasurys SMCY was launched on Sep 11, 2024 and is issued by YieldMax.