YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) Sees Large Decline in Short Interest

YieldMax AMZN Option Income Strategy ETF (NYSEARCA:AMZY) saw a significant decrease in short interest in August. As of August 31st, there was short interest totaling 86,366 shares, a decrease of 53.8% from the August 15th total of 186,879 shares. Approximately 0.4% of the company’s stock are short sold. Based on an average daily volume of 323,190 shares, the short-interest ratio is currently 0.3 days.

YieldMax AMZN Option Income Strategy ETF Trading Down 1.4%

NYSEARCA AMZY traded down $0.14 during trading on Tuesday, reaching $10.31. 142,345 shares of the company’s stock were exchanged, compared to its average volume of 430,032. YieldMax AMZN Option Income Strategy ETF has a fifty-two week low of $9.94 and a fifty-two week high of $15.52. The company’s fifty day simple moving average is $10.83 and its 200-day simple moving average is $11.30.

YieldMax AMZN Option Income Strategy ETF Company Profile

The YieldMax AMZN Option Income Strategy ETF (AMZY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. AMZY was launched on Jul 24, 2023 and is issued by YieldMax.