YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Shares Shorted: Short Interest Up 491.6% in October

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) saw a large increase in short interest in October. As of October 15th, there was short interest totaling 59,427 shares, an increase of 491.6% from the September 30th total of 10,045 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average daily volume of 178,867 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

An institutional investor recently raised its stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. boosted its stake in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) by 131.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 20,978 shares of the company’s stock after purchasing an additional 11,899 shares during the quarter. Sunbelt Securities Inc. owned about 0.34% of YieldMax TSM Option Income Strategy ETF worth $320,000 as of its most recent filing with the SEC.

YieldMax TSM Option Income Strategy ETF Price Performance

Shares of TSMY stock traded up $0.06 during mid-day trading on Wednesday, hitting $14.72. 48,763 shares of the company’s stock were exchanged, compared to its average volume of 165,883. YieldMax TSM Option Income Strategy ETF has a fifty-two week low of $13.82 and a fifty-two week high of $18.02. The stock has a 50-day simple moving average of $15.14 and a two-hundred day simple moving average of $15.96.

About YieldMax TSM Option Income Strategy ETF

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.