YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Get Free Report) was the recipient of a large growth in short interest in August. As of August 31st, there was short interest totaling 5,799,613 shares, a growth of 95.6% from the August 15th total of 2,965,200 shares. Currently, 5.1% of the company’s stock are sold short. Based on an average daily volume of 2,092,978 shares, the short-interest ratio is currently 2.8 days.
YieldMax NVDA Option Income Strategy ETF Stock Up 1.6%
Shares of NVDY stock traded up $0.20 during trading hours on Thursday, reaching $12.38. The company had a trading volume of 901,041 shares, compared to its average volume of 3,905,571. YieldMax NVDA Option Income Strategy ETF has a 12 month low of $11.57 and a 12 month high of $17.57. The business has a fifty day simple moving average of $12.56 and a 200-day simple moving average of $13.11.
Institutional Investors Weigh In On YieldMax NVDA Option Income Strategy ETF
A hedge fund recently raised its position in YieldMax NVDA Option Income Strategy ETF stock. Versant Capital Management Inc grew its position in shares of YieldMax NVDA Option Income Strategy ETF (NYSEARCA:NVDY – Free Report) by 36.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,213 shares of the company’s stock after acquiring an additional 858 shares during the quarter. Versant Capital Management Inc’s holdings in YieldMax NVDA Option Income Strategy ETF were worth $40,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
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.
See Also
- Five stocks we like better than YieldMax NVDA Option Income Strategy ETF
- The September Scramble: Find Sanctuary in These 3 Defensive Dividend Stocks
- The Fed’s Rate Hike Could Backfire If Oil Prices Collapse
- Apple Is Quietly Building an AI Advantage Few Expected
- How Serious Is the Regulatory Threat Now Facing Tesla’s Cybercab?
Receive News & Ratings for YieldMax NVDA Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax NVDA Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
