YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Short Interest Down 37.3% in May

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the recipient of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 96,131 shares, a decrease of 37.3% from the April 30th total of 153,223 shares. Based on an average daily trading volume, of 119,497 shares, the short-interest ratio is presently 0.8 days. Currently, 1.2% of the shares of the company are sold short.

YieldMax NFLX Option Income Strategy ETF Price Performance

Shares of NYSEARCA NFLY opened at $9.18 on Wednesday. The company’s fifty day moving average price is $10.34 and its 200 day moving average price is $11.25. YieldMax NFLX Option Income Strategy ETF has a 1 year low of $9.18 and a 1 year high of $19.27.

About YieldMax NFLX Option Income Strategy ETF

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.