YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Short Interest Update

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) was the target of a large decrease in short interest in April. As of April 30th, there was short interest totaling 226,583 shares, a decrease of 40.8% from the April 15th total of 382,552 shares. Approximately 2.3% of the shares of the company are sold short. Based on an average daily trading volume, of 143,698 shares, the short-interest ratio is currently 1.6 days.

YieldMax META Option Income Strategy ETF Price Performance

Shares of FBY stock traded up $0.04 during trading hours on Friday, reaching $10.16. 112,355 shares of the company’s stock were exchanged, compared to its average volume of 161,915. The company has a market cap of $101.40 million, a P/E ratio of 26.70 and a beta of 1.24. The company’s 50 day moving average is $10.74 and its two-hundred day moving average is $11.89. YieldMax META Option Income Strategy ETF has a 1 year low of $9.40 and a 1 year high of $17.64.

YieldMax META Option Income Strategy ETF Company Profile

The YieldMax META Option Income Strategy ETF (FBY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Meta Platforms stock (META) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options FBY was launched on Jul 27, 2023 and is issued by YieldMax.