YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) Short Interest Update

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 27,500 shares, an increase of 257.1% from the September 30th total of 7,700 shares. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.6% of the shares of the company are short sold. Currently, 0.6% of the shares of the company are short sold. Based on an average trading volume of 60,400 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Trading of YieldMax PYPL Option Income Strategy ETF

An institutional investor recently bought a new position in YieldMax PYPL Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new position in shares of YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 13,812 shares of the company’s stock, valued at approximately $181,000. OLD Mission Capital LLC owned approximately 0.36% of YieldMax PYPL Option Income Strategy ETF at the end of the most recent quarter.

YieldMax PYPL Option Income Strategy ETF Stock Up 3.3%

Shares of YieldMax PYPL Option Income Strategy ETF stock opened at $10.80 on Wednesday. YieldMax PYPL Option Income Strategy ETF has a 52-week low of $9.94 and a 52-week high of $19.74. The company’s 50-day simple moving average is $10.90 and its 200-day simple moving average is $11.99. The firm has a market cap of $52.92 million, a price-to-earnings ratio of 18.19 and a beta of 0.81.

YieldMax PYPL Option Income Strategy ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, October 24th. Investors of record on Thursday, October 23rd were issued a dividend of $0.0883 per share. The ex-dividend date of this dividend was Thursday, October 23rd. This represents a yield of 4,419.0%.

YieldMax PYPL Option Income Strategy ETF Company Profile

The YieldMax PYPL Option Income Strategy ETF (PYPY) is an exchange-traded fund that mostly invests in financials equity. The fund seeks to provide current income and capped gains on the Paypal stock (PYPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.