Short Interest in YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Increases By 111.4%

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the target of a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 177,534 shares, an increase of 111.4% from the May 14th total of 83,977 shares. Based on an average daily volume of 50,587 shares, the short-interest ratio is presently 3.5 days. Currently, 13.7% of the shares of the company are sold short.

YieldMax Short N100 Option Income Strategy ETF Price Performance

NASDAQ YQQQ traded down $0.04 on Friday, hitting $10.00. 38,819 shares of the stock traded hands, compared to its average volume of 76,022. The business’s fifty day moving average is $10.85 and its two-hundred day moving average is $11.76. YieldMax Short N100 Option Income Strategy ETF has a 12 month low of $9.91 and a 12 month high of $14.85.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, June 12th. Shareholders of record on Thursday, June 11th were given a dividend of $0.0419 per share. This is an increase from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04. The ex-dividend date was Thursday, June 11th.

About YieldMax Short N100 Option Income Strategy ETF

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.