YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Up 75.1% in June

YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 19,949 shares, an increase of 75.1% from the May 31st total of 11,391 shares. Currently, 0.8% of the company’s stock are short sold. Based on an average daily volume of 50,251 shares, the days-to-cover ratio is presently 0.4 days.

YieldMax XOM Option Income Strategy ETF Price Performance

Shares of YieldMax XOM Option Income Strategy ETF stock opened at $10.48 on Friday. YieldMax XOM Option Income Strategy ETF has a 52-week low of $10.38 and a 52-week high of $14.14. The company has a 50-day simple moving average of $11.45 and a two-hundred day simple moving average of $12.20.

About YieldMax XOM Option Income Strategy ETF

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.