YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 69.9% in July

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the recipient of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 55,477 shares, an increase of 69.9% from the July 15th total of 32,662 shares. Based on an average daily volume of 60,640 shares, the short-interest ratio is presently 0.9 days. Approximately 3.7% of the shares of the stock are short sold.

YieldMax Short N100 Option Income Strategy ETF Trading Up 0.1%

Shares of YieldMax Short N100 Option Income Strategy ETF stock opened at $9.66 on Tuesday. The business’s 50-day moving average price is $9.98 and its 200-day moving average price is $11.07. YieldMax Short N100 Option Income Strategy ETF has a 12 month low of $9.58 and a 12 month high of $13.72.

YieldMax Short N100 Option Income Strategy ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, August 14th. Shareholders of record on Thursday, August 13th were paid a $0.0392 dividend. The ex-dividend date of this dividend was Thursday, August 13th.

YieldMax Short N100 Option Income Strategy ETF Company Profile

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide current income and inverse exposure to the NASDAQ 100 Index, with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral YQQQ was launched on Aug 14, 2024 and is issued by YieldMax.