Short Interest in YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) Expands By 96.8%

YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) saw a significant increase in short interest in July. As of July 31st, there was short interest totaling 315,729 shares, an increase of 96.8% from the July 15th total of 160,393 shares. Approximately 3.0% of the shares of the stock are short sold. Based on an average daily volume of 149,146 shares, the days-to-cover ratio is presently 2.1 days.

Institutional Investors Weigh In On YieldMax PLTR Option Income Strategy ETF

An institutional investor recently raised its position in YieldMax PLTR Option Income Strategy ETF stock. Sunbelt Securities Inc. boosted its holdings in shares of YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) by 5.4% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,454 shares of the company’s stock after acquiring an additional 939 shares during the period. Sunbelt Securities Inc. owned about 0.19% of YieldMax PLTR Option Income Strategy ETF worth $712,000 at the end of the most recent reporting period.

YieldMax PLTR Option Income Strategy ETF Price Performance

YieldMax PLTR Option Income Strategy ETF stock opened at $37.41 on Tuesday. YieldMax PLTR Option Income Strategy ETF has a fifty-two week low of $26.06 and a fifty-two week high of $67.66. The stock’s fifty day moving average is $31.57 and its two-hundred day moving average is $35.50.

YieldMax PLTR Option Income Strategy ETF Company Profile

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on Palantir Technologies Inc (PLTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys PLTY was launched on Oct 7, 2024 and is issued by YieldMax.