YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) Shares Set to Reverse Split on Monday, December 8th

YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) shares are scheduled to reverse split on the morning of Monday, December 8th. The 1-5 reverse split was recently announced. The number of shares owned by shareholders will be adjusted after the market closes on Sunday, December 7th.

YieldMax AMD Option Income Strategy ETF Price Performance

AMDY opened at $7.92 on Friday. The business’s 50-day moving average price is $9.01 and its two-hundred day moving average price is $8.42. YieldMax AMD Option Income Strategy ETF has a 1 year low of $5.82 and a 1 year high of $12.00. The company has a market capitalization of $180.97 million, a price-to-earnings ratio of 75.84 and a beta of 1.80.

YieldMax AMD Option Income Strategy ETF Announces Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, December 1st. Stockholders of record on Friday, November 28th will be issued a $0.19 dividend. The ex-dividend date is Friday, November 28th. This represents a dividend yield of 7,203.0%.

Institutional Trading of YieldMax AMD Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax AMD Option Income Strategy ETF stock. OLD Mission Capital LLC lifted its stake in shares of YieldMax AMD Option Income Strategy ETF (NYSEARCA:AMDY) by 322.4% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 83,511 shares of the company’s stock after purchasing an additional 63,742 shares during the period. OLD Mission Capital LLC owned 0.46% of YieldMax AMD Option Income Strategy ETF worth $663,000 at the end of the most recent quarter.

YieldMax AMD Option Income Strategy ETF Company Profile

The YieldMax AMD Option Income Strategy ETF (AMDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Advanced Micro Devices, Inc stock (AMD) through a synthetic covered call strategy, collateralized by cash and US Treasurys AMDY was launched on Sep 18, 2023 and is issued by YieldMax.