YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Sees Large Decrease in Short Interest

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) was the target of a large decline in short interest during the month of January. As of January 15th, there was short interest totaling 671 shares, a decline of 26.6% from the December 31st total of 914 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average trading volume of 2,634 shares, the days-to-cover ratio is currently 0.3 days. Based on an average trading volume of 2,634 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the company are sold short.

YieldMax ABNB Option Income Strategy ETF Price Performance

Shares of NYSEARCA:ABNY traded down $0.70 during trading hours on Friday, hitting $44.16. The stock had a trading volume of 377 shares, compared to its average volume of 2,739. The stock’s fifty day simple moving average is $46.00 and its 200 day simple moving average is $49.18. YieldMax ABNB Option Income Strategy ETF has a 1-year low of $42.70 and a 1-year high of $82.85.

YieldMax ABNB Option Income Strategy ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, January 30th. Investors of record on Thursday, January 29th were given a $0.2688 dividend. The ex-dividend date was Thursday, January 29th. This represents a dividend yield of 2,892.0%.

YieldMax ABNB Option Income Strategy ETF Company Profile

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.