YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFO) Sees Large Growth in Short Interest

YieldMax MSFT Option Income Strategy ETF (NYSEARCA:MSFOGet Free Report) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 102,655 shares, a growth of 110.8% from the April 30th total of 48,702 shares. Currently, 1.3% of the company’s shares are short sold. Based on an average daily volume of 124,653 shares, the days-to-cover ratio is currently 0.8 days.

YieldMax MSFT Option Income Strategy ETF Price Performance

YieldMax MSFT Option Income Strategy ETF stock opened at $12.68 on Monday. The stock’s 50 day simple moving average is $12.11 and its two-hundred day simple moving average is $13.63. YieldMax MSFT Option Income Strategy ETF has a fifty-two week low of $11.14 and a fifty-two week high of $18.75.

YieldMax MSFT Option Income Strategy ETF Company Profile

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

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