YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 101.4% in May

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 83,977 shares, a growth of 101.4% from the April 30th total of 41,706 shares. Currently, 6.5% of the company’s shares are sold short. Based on an average daily volume of 69,726 shares, the days-to-cover ratio is presently 1.2 days.

YieldMax Short N100 Option Income Strategy ETF Stock Performance

YieldMax Short N100 Option Income Strategy ETF stock opened at $9.98 on Monday. The stock has a fifty day moving average price of $11.40 and a 200 day moving average price of $11.93. YieldMax Short N100 Option Income Strategy ETF has a 52 week low of $9.94 and a 52 week high of $15.25.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.0439 dividend. The ex-dividend date was Thursday, May 28th. This is an increase from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04.

YieldMax Short N100 Option Income Strategy ETF Company Profile

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.