YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Up 346.6% in July

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 131,535 shares, an increase of 346.6% from the July 15th total of 29,454 shares. Based on an average daily volume of 57,279 shares, the short-interest ratio is presently 2.3 days. Currently, 3.8% of the shares of the stock are short sold.

YieldMax XOM Option Income Strategy ETF Price Performance

NYSEARCA:XOMO traded down $0.06 on Wednesday, hitting $11.29. The company had a trading volume of 8,600 shares, compared to its average volume of 120,416. YieldMax XOM Option Income Strategy ETF has a 52 week low of $10.38 and a 52 week high of $14.14. The firm has a 50 day moving average of $11.02 and a two-hundred day moving average of $12.07.

YieldMax XOM Option Income Strategy ETF Company Profile

The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.