NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Sees Significant Increase in Short Interest

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) saw a large increase in short interest in June. As of June 15th, there was short interest totaling 48,817 shares, an increase of 155.5% from the May 31st total of 19,103 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average trading volume of 62,259 shares, the days-to-cover ratio is currently 0.8 days.

NestYield Dynamic Income Shield ETF Stock Performance

Shares of NYSEARCA EGGY traded up $1.35 during trading on Tuesday, reaching $43.25. The stock had a trading volume of 91,500 shares, compared to its average volume of 41,560. The stock has a market cap of $116.78 million, a PE ratio of 33.35 and a beta of 1.79. NestYield Dynamic Income Shield ETF has a one year low of $29.15 and a one year high of $45.94. The firm’s 50 day moving average price is $39.99 and its two-hundred day moving average price is $36.19.

About NestYield Dynamic Income Shield ETF

The NestYield Dynamic Income ETF (EGGY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income and hedge downside risks using a laddered put options strategy. EGGY was launched on Dec 26, 2024 and is issued by NestYield.