YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) Short Interest Down 40.0% in July

YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPSGet Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 12,930 shares, a drop of 40.0% from the June 30th total of 21,549 shares. Currently, 6.5% of the shares of the stock are sold short. Based on an average trading volume of 7,030 shares, the short-interest ratio is presently 1.8 days.

YieldMax Short NVDA Option Income Strategy ETF Stock Down 2.4%

DIPS traded down $0.96 during midday trading on Thursday, reaching $39.20. 5,093 shares of the company’s stock were exchanged, compared to its average volume of 6,537. The business has a 50-day simple moving average of $39.20 and a two-hundred day simple moving average of $44.63. YieldMax Short NVDA Option Income Strategy ETF has a one year low of $36.09 and a one year high of $67.99.

YieldMax Short NVDA Option Income Strategy ETF Company Profile

(Get Free Report)

The YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide current income and inverse exposure to Nvidia stock (NVDA). The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral DIPS was launched on Jul 23, 2024 and is issued by YieldMax.

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