YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) was the target of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 3,351,032 shares, a decrease of 42.2% from the August 31st total of 5,799,613 shares. Currently, 3.0% of the shares of the company are short sold. Based on an average daily trading volume, of 2,223,961 shares, the short-interest ratio is currently 1.5 days.
YieldMax NVDA Option Income Strategy ETF Stock Up 0.3%
Shares of NYSEARCA NVDY traded up $0.04 during mid-day trading on Wednesday, hitting $12.74. The company had a trading volume of 1,499,862 shares, compared to its average volume of 3,789,458. YieldMax NVDA Option Income Strategy ETF has a 12 month low of $11.57 and a 12 month high of $17.57. The business’s 50-day simple moving average is $12.57 and its 200-day simple moving average is $13.05.
Institutional Trading of YieldMax NVDA Option Income Strategy ETF
An institutional investor recently raised its stake in YieldMax NVDA Option Income Strategy ETF stock. Versant Capital Management Inc increased its position in shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 36.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,213 shares of the company’s stock after purchasing an additional 858 shares during the period. Versant Capital Management Inc’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $40,000 at the end of the most recent reporting period.
About YieldMax NVDA Option Income Strategy ETF
The YieldMax NVDA Option Income Strategy ETF (NVDY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Nvidia stock (NVDA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NVDY was launched on May 10, 2023 and is managed by Tidal.
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