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

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) was the recipient of a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 69,404 shares, a drop of 36.0% from the July 30th total of 108,394 shares. Based on an average daily trading volume, of 120,529 shares, the short-interest ratio is currently 0.6 days. Approximately 0.7% of the shares of the company are sold short.

YieldMax AAPL Option Income Strategy ETF Price Performance

Shares of APLY opened at $11.80 on Thursday. YieldMax AAPL Option Income Strategy ETF has a 1 year low of $11.05 and a 1 year high of $14.21. The company’s fifty day moving average is $11.92 and its two-hundred day moving average is $12.06.

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.