YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY – Get Free Report) was the recipient of a significant decline in short interest during the month of August. As of August 31st, there was short interest totaling 262,610 shares, a decline of 81.3% from the August 15th total of 1,406,657 shares. Approximately 1.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,088,353 shares, the days-to-cover ratio is presently 0.2 days.
YieldMax Gold Miners Option Income Strategy ETF Price Performance
Shares of NYSEARCA GDXY traded up $0.10 during trading on Friday, hitting $11.07. The company had a trading volume of 614,773 shares, compared to its average volume of 850,192. YieldMax Gold Miners Option Income Strategy ETF has a 52 week low of $9.27 and a 52 week high of $18.89. The business’s 50-day moving average is $10.64 and its 200 day moving average is $12.36.
Institutional Investors Weigh In On YieldMax Gold Miners Option Income Strategy ETF
A hedge fund recently bought a new position in YieldMax Gold Miners Option Income Strategy ETF stock. FNY Investment Advisers LLC purchased a new stake in YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY – Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 4,000 shares of the company’s stock, valued at approximately $40,000.
YieldMax Gold Miners Option Income Strategy ETF Company Profile
The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.
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