YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) Stock Short Interest Report for October

YieldMax META Option Income Strategy ETF (NYSEARCA:FBY) saw a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 195,575 shares, an increase of 83.2% from the September 30th total of 106,749 shares. Based on an average daily volume of 114,928 shares, the days-to-cover ratio is presently 1.7 days. Currently, 1.6% of the company’s shares are sold short.

YieldMax META Option Income Strategy ETF Trading Down 1.7%

FBY traded down $0.14 during midday trading on Friday, hitting $7.90. The company’s stock had a trading volume of 204,905 shares, compared to its average volume of 161,325. YieldMax META Option Income Strategy ETF has a 52-week low of $7.84 and a 52-week high of $14.00. The firm has a 50-day moving average price of $8.98 and a two-hundred day moving average price of $10.06. The firm has a market cap of $97.17 million, a P/E ratio of 26.70 and a beta of 1.18.

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.