Short Interest in YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMY) Drops By 59.8%

YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYGet Free Report) was the target of a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 30,265 shares, a decline of 59.8% from the April 30th total of 75,211 shares. Currently, 0.5% of the shares of the company are short sold. Based on an average daily trading volume, of 174,882 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of YieldMax TSM Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax TSM Option Income Strategy ETF stock. Sunbelt Securities Inc. bought a new position in shares of YieldMax TSM Option Income Strategy ETF (NYSEARCA:TSMYFree Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 3,150 shares of the company’s stock, valued at approximately $54,000. Sunbelt Securities Inc. owned 0.08% of YieldMax TSM Option Income Strategy ETF as of its most recent filing with the SEC.

YieldMax TSM Option Income Strategy ETF Stock Performance

Shares of TSMY stock traded up $0.58 during midday trading on Monday, hitting $17.28. 235,234 shares of the company were exchanged, compared to its average volume of 176,442. The firm’s 50 day moving average price is $16.17 and its two-hundred day moving average price is $16.06. YieldMax TSM Option Income Strategy ETF has a 52 week low of $14.30 and a 52 week high of $17.96.

About YieldMax TSM Option Income Strategy ETF

(Get Free Report)

The YieldMax TSM Option Income Strategy ETF (TSMY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Taiwan Semiconductor Manufacturing stock (TSM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSMY was launched on Aug 20, 2024 and is issued by YieldMax.

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