YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Stock Short Interest Climbs 60.1%

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totaling 83,570 shares, a growth of 60.1% from the September 30th total of 52,203 shares. Approximately 0.9% of the shares of the stock are sold short. Based on an average daily trading volume, of 65,801 shares, the days-to-cover ratio is presently 1.3 days.

YieldMax AAPL Option Income Strategy ETF Price Performance

Shares of APLY stock traded down $0.24 on Tuesday, hitting $11.51. 59,983 shares of the company’s stock were exchanged, compared to its average volume of 136,579. The company has a 50 day moving average of $11.81 and a 200 day moving average of $12.08. YieldMax AAPL Option Income Strategy ETF has a 12 month low of $11.05 and a 12 month high of $14.21.

YieldMax AAPL Option Income Strategy ETF Company Profile

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.