YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) Sees Large Decrease in Short Interest

YieldMax JPM Option Income Strategy ETF (NYSEARCA:JPMO) was the target of a significant decrease in short interest in the month of January. As of January 15th, there was short interest totaling 21,397 shares, a decrease of 16.1% from the December 31st total of 25,505 shares. Approximately 0.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 47,676 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 47,676 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.6% of the shares of the stock are short sold.

YieldMax JPM Option Income Strategy ETF Stock Up 0.8%

NYSEARCA:JPMO opened at $14.89 on Monday. The business’s 50-day moving average price is $15.69 and its 200 day moving average price is $16.31. YieldMax JPM Option Income Strategy ETF has a 52-week low of $13.64 and a 52-week high of $19.52.

YieldMax JPM Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were issued a $0.0542 dividend. This represents a dividend yield of 2,060.0%. The ex-dividend date was Thursday, January 29th.

YieldMax JPM Option Income Strategy ETF Company Profile

The YieldMax JPM Option Income Strategy ETF (JPMO) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the JPMorgan Chase & Co stock (JPM) through a synthetic covered call strategy, collateralized by cash and US Treasurys JPMO was launched on Sep 11, 2023 and is issued by YieldMax.