Short Interest in YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) Declines By 71.3%

YieldMax ABNB Option Income Strategy ETF (NYSEARCA:ABNY) saw a significant drop in short interest during the month of June. As of June 15th, there was short interest totaling 1,714 shares, a drop of 71.3% from the May 31st total of 5,967 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily trading volume, of 4,261 shares, the days-to-cover ratio is presently 0.4 days.

YieldMax ABNB Option Income Strategy ETF Stock Performance

Shares of NYSEARCA ABNY opened at $39.35 on Friday. The stock has a 50 day simple moving average of $41.00 and a 200-day simple moving average of $42.92. YieldMax ABNB Option Income Strategy ETF has a 12-month low of $37.89 and a 12-month high of $61.45.

About YieldMax ABNB Option Income Strategy ETF

The YieldMax ABNB Option Income Strategy ETF (ABNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Airbnb stock (ABNB) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. ABNY was launched on Jun 24, 2024 and is issued by YieldMax.