YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAX) Sees Significant Decrease in Short Interest

YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXGet Free Report) saw a significant decrease in short interest during the month of January. As of January 30th, there was short interest totaling 6,397,011 shares, a decrease of 14.7% from the January 15th total of 7,501,002 shares. Based on an average daily trading volume, of 2,454,320 shares, the short-interest ratio is currently 2.6 days. Approximately 10.8% of the shares of the stock are short sold. Approximately 10.8% of the shares of the stock are short sold. Based on an average daily trading volume, of 2,454,320 shares, the short-interest ratio is currently 2.6 days.

Hedge Funds Weigh In On YieldMax Universe Fund of Option Income ETF

A hedge fund recently bought a new stake in YieldMax Universe Fund of Option Income ETF stock. Virtue Capital Management LLC purchased a new position in YieldMax Universe Fund of Option Income ETF (NYSEARCA:YMAXFree Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 11,930 shares of the company’s stock, valued at approximately $164,000.

YieldMax Universe Fund of Option Income ETF Stock Up 1.1%

NYSEARCA:YMAX opened at $8.46 on Tuesday. YieldMax Universe Fund of Option Income ETF has a 1 year low of $8.32 and a 1 year high of $17.04. The stock’s 50 day simple moving average is $9.83 and its two-hundred day simple moving average is $11.39.

YieldMax Universe Fund of Option Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Thursday, February 12th. Investors of record on Wednesday, February 11th were paid a dividend of $0.088 per share. The ex-dividend date of this dividend was Wednesday, February 11th. This represents a yield of 4,461.0%.

About YieldMax Universe Fund of Option Income ETF

(Get Free Report)

The YieldMax Universe Fund of Option Income ETFs (YMAX) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed fund-of-funds that invests in shares of other YieldMax ETFs. The underlying ETFs seek to provide current income and capped gains on select securities through a synthetic covered call strategy. YMAX was launched on Jan 16, 2024 and is issued by YieldMax.

Further Reading

Receive News & Ratings for YieldMax Universe Fund of Option Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax Universe Fund of Option Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.