YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY) Stock Price Down 0.7% – Here’s Why

YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOYGet Free Report)’s stock price dropped 0.7% during mid-day trading on Thursday . The company traded as low as $12.97 and last traded at $13.25. Approximately 241,879 shares changed hands during mid-day trading, a decline of 52% from the average session volume of 508,557 shares. The stock had previously closed at $13.35.

YieldMax GOOGL Option Income Strategy ETF Stock Down 0.7%

The company has a market capitalization of $247.78 million, a P/E ratio of 23.63 and a beta of 0.87. The firm has a fifty day simple moving average of $14.19 and a 200-day simple moving average of $14.13.

About YieldMax GOOGL Option Income Strategy ETF

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The YieldMax GOOGL Option Income Strategy ETF (GOOY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Alphabet Inc stock (GOOGL) through a synthetic covered call strategy, collateralized by cash and US Treasurys GOOY was launched on Jul 27, 2023 and is issued by YieldMax.

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