Short Interest in YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Expands By 572.7%

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVYGet Free Report) saw a large increase in short interest in September. As of September 30th, there was short interest totaling 7,400 shares, an increase of 572.7% from the September 15th total of 1,100 shares. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 0.9 days. Based on an average trading volume of 8,500 shares, the days-to-cover ratio is currently 0.9 days.

YieldMax Dorsey Wright Hybrid 5 Income ETF Stock Down 0.6%

Shares of NASDAQ:FIVY opened at $36.07 on Friday. The business has a 50 day moving average price of $38.19 and a 200 day moving average price of $38.14. YieldMax Dorsey Wright Hybrid 5 Income ETF has a twelve month low of $31.41 and a twelve month high of $52.51. The company has a market cap of $10.10 million and a price-to-earnings ratio of 27.16.

YieldMax Dorsey Wright Hybrid 5 Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Friday, October 3rd. Shareholders of record on Thursday, October 2nd were issued a $1.0536 dividend. The ex-dividend date of this dividend was Thursday, October 2nd. This represents a c) annualized dividend and a yield of 35.1%.

Hedge Funds Weigh In On YieldMax Dorsey Wright Hybrid 5 Income ETF

A hedge fund recently bought a new stake in YieldMax Dorsey Wright Hybrid 5 Income ETF stock. OLD Mission Capital LLC bought a new position in YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVYFree Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,934 shares of the company’s stock, valued at approximately $217,000. OLD Mission Capital LLC owned approximately 2.37% of YieldMax Dorsey Wright Hybrid 5 Income ETF at the end of the most recent quarter.

About YieldMax Dorsey Wright Hybrid 5 Income ETF

(Get Free Report)

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys.

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