YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK) Short Interest Update

by · The Cerbat Gem

YieldMax Innovation Option Income Strategy ETF (NYSEARCA:OARK – Get Free Report) was the recipient of a significant decline in short interest in December. As of December 15th, there was short interest totaling 78,022 shares, a decline of 79.6% from the November 30th total of 381,730 shares. Approximately 3.9% of the company’s shares are sold short. Based on an average daily trading volume, of 25,092 shares, the short-interest ratio is presently 3.1 days. Based on an average daily trading volume, of 25,092 shares, the short-interest ratio is presently 3.1 days. Approximately 3.9% of the company’s shares are sold short.

YieldMax Innovation Option Income Strategy ETF Price Performance

Shares of YieldMax Innovation Option Income Strategy ETF stock traded up $0.17 during trading hours on Thursday, hitting $37.95. The company’s stock had a trading volume of 5,055 shares, compared to its average volume of 31,855. The business has a fifty day moving average of $40.09 and a 200 day moving average of $42.66. YieldMax Innovation Option Income Strategy ETF has a 1-year low of $31.70 and a 1-year high of $56.15.

YieldMax Innovation Option Income Strategy ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 19th. Shareholders of record on Thursday, December 18th were given a $1.0685 dividend. The ex-dividend date of this dividend was Thursday, December 18th. This represents a yield of 4,069.0%.

About YieldMax Innovation Option Income Strategy ETF

(Get Free Report)

The YieldMax ARKK Option Income Strategy ETF (OARK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund seeks to provide current income and capped gains on the ARK Innovation ETF (ARKK) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. OARK was launched on Nov 22, 2022 and is managed by YieldMax.

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