YieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO) Short Interest Update
by Sarita Garza · The Markets DailyYieldMax XOM Option Income Strategy ETF (NYSEARCA:XOMO – Get Free Report) was the recipient of a large growth in short interest in March. As of March 31st, there was short interest totaling 132,311 shares, a growth of 278.6% from the March 15th total of 34,952 shares. Based on an average daily volume of 392,065 shares, the days-to-cover ratio is presently 0.3 days. Currently, 5.3% of the shares of the stock are sold short.
YieldMax XOM Option Income Strategy ETF Trading Down 1.3%
NYSEARCA XOMO traded down $0.16 on Friday, hitting $12.41. The company’s stock had a trading volume of 118,981 shares, compared to its average volume of 185,648. YieldMax XOM Option Income Strategy ETF has a 52-week low of $11.32 and a 52-week high of $14.14. The company’s 50-day simple moving average is $13.14 and its 200 day simple moving average is $12.29.
About YieldMax XOM Option Income Strategy ETF
The YieldMax XOM Option Income Strategy ETF (XOMO) is an exchange-traded fund that mostly invests in energy equity. The fund seeks to provide current income and capped gains on the Exxon Mobil Corporation stock (XOM) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. XOMO was launched on Aug 30, 2023 and is issued by YieldMax.