Short Interest in NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Rises By 1,246.6%

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 106,795 shares, an increase of 1,246.6% from the August 15th total of 7,931 shares. Approximately 2.4% of the company’s shares are sold short. Based on an average daily volume of 123,378 shares, the days-to-cover ratio is currently 0.9 days.

NestYield Dynamic Income Shield ETF Trading Up 1.1%

Shares of NYSEARCA EGGY traded up $0.38 during trading hours on Friday, hitting $34.16. 12,722 shares of the company traded hands, compared to its average volume of 62,232. The company’s 50 day moving average price is $34.66 and its 200 day moving average price is $36.06. NestYield Dynamic Income Shield ETF has a 12 month low of $29.15 and a 12 month high of $45.94. The stock has a market capitalization of $150.30 million, a price-to-earnings ratio of 33.35 and a beta of 1.81.

About NestYield Dynamic Income Shield ETF

The NestYield Dynamic Income ETF (EGGY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income and hedge downside risks using a laddered put options strategy. EGGY was launched on Dec 26, 2024 and is issued by NestYield.