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

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

YieldMax Short N100 Option Income Strategy ETF Stock Performance

Shares of NASDAQ YQQQ opened at $9.66 on Monday. The company’s 50-day simple moving average is $9.99 and its 200-day simple moving average is $11.08. YieldMax Short N100 Option Income Strategy ETF has a 52-week low of $9.58 and a 52-week high of $13.72.

YieldMax Short N100 Option Income Strategy ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, August 14th. Investors 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.