YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 69.9% in July

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the recipient of a significant growth in short interest in July. As of July 31st, there was short interest totaling 55,477 shares, a growth of 69.9% from the July 15th total of 32,662 shares. Based on an average daily volume of 60,640 shares, the days-to-cover ratio is currently 0.9 days. Currently, 3.7% of the shares of the stock are sold short.

YieldMax Short N100 Option Income Strategy ETF Price Performance

NASDAQ YQQQ opened at $9.66 on Monday. The business has a fifty day moving average price of $9.99 and a 200 day moving average price of $11.08. YieldMax Short N100 Option Income Strategy ETF has a one year low of $9.58 and a one year high of $13.72.

YieldMax Short N100 Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, August 14th. Stockholders of record on Thursday, August 13th were paid a $0.0392 dividend. The ex-dividend date of this dividend was Thursday, August 13th.

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.