Excellent Corp. $($Excellent$)$ currently controls Yes Corp. $($Yes$).$ Excellent purchases and sells Yes's voting shares on the open market but always ensures that it maintains a controlling interest over Yes.

Which of the following statements pertaining to Excellent's buying and selling activity is correct?

Multiple Choice

Excellent's activity has no effect on the non$-$controlling interest.

As Excellent buys shares of Yes, the noncontrolling interest increases.

As Excellent sells shares of Yes, the noncontrolling interest decreases.

As Excellent sells shares of Yes, the non$-$controlling interest increases.