YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Sees Large Growth in Short Interest

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 147,106 shares, an increase of 103.2% from the July 30th total of 72,392 shares. Based on an average daily volume of 133,961 shares, the short-interest ratio is currently 1.1 days. Approximately 1.6% of the shares of the company are short sold.

YieldMax MSFT Option Income Strategy ETF Stock Performance

NYSEARCA MSFO opened at $12.56 on Friday. The company’s fifty day moving average is $11.39 and its two-hundred day moving average is $11.91. YieldMax MSFT Option Income Strategy ETF has a 52-week low of $9.89 and a 52-week high of $18.10.

YieldMax MSFT Option Income Strategy ETF Company Profile

The YieldMax MSFT Option Income Strategy ETF (MSFO) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. MSFO was launched on Aug 24, 2023 and is issued by YieldMax.