YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Sees Large Decrease in Short Interest

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totaling 46,029 shares, a decrease of 33.7% from the August 15th total of 69,404 shares. Currently, 0.5% of the shares of the stock are short sold. Based on an average daily volume of 79,535 shares, the short-interest ratio is presently 0.6 days.

YieldMax AAPL Option Income Strategy ETF Price Performance

Shares of NYSEARCA:APLY traded down $0.07 during midday trading on Friday, hitting $11.87. The company had a trading volume of 10,482 shares, compared to its average volume of 148,275. YieldMax AAPL Option Income Strategy ETF has a twelve month low of $11.05 and a twelve month high of $14.21. The business’s 50-day simple moving average is $11.90 and its 200-day simple moving average is $12.01.

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.