YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Sees Large Decline in Short Interest

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOYGet Free Report) saw a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 136,425 shares, a decline of 59.6% from the August 15th total of 337,539 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average daily trading volume, of 234,028 shares, the short-interest ratio is currently 0.6 days.

YieldMax GOOGL Option Income Strategy ETF Trading Up 1.4%

GOOY opened at $11.96 on Friday. YieldMax GOOGL Option Income Strategy ETF has a 12-month low of $11.64 and a 12-month high of $15.96. The business’s fifty day simple moving average is $12.50 and its 200-day simple moving average is $13.41. The company has a market capitalization of $226.28 million, a price-to-earnings ratio of 23.63 and a beta of 0.87.

YieldMax GOOGL Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.

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