YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Sees Large Increase in Short Interest

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the recipient of a large increase in short interest in August. As of August 31st, there was short interest totaling 150,058 shares, an increase of 64.7% from the August 15th total of 91,092 shares. Based on an average daily volume of 51,897 shares, the short-interest ratio is presently 2.9 days. Approximately 3.0% of the company’s shares are sold short.

YieldMax NFLX Option Income Strategy ETF Price Performance

Shares of NYSEARCA:NFLY opened at $7.44 on Thursday. The company’s fifty day moving average is $7.66 and its two-hundred day moving average is $9.17. YieldMax NFLX Option Income Strategy ETF has a 12-month low of $7.00 and a 12-month high of $17.01.

YieldMax NFLX Option Income Strategy ETF Company Profile

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.