YieldMax DIS Option Income Strategy ETF (NYSEARCA:DISO) Sees Significant Increase in Short Interest

YieldMax DIS Option Income Strategy ETF (NYSEARCA:DISO) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 9,764 shares, an increase of 107.7% from the May 14th total of 4,702 shares. Approximately 2.0% of the company’s stock are sold short. Based on an average daily volume of 4,221 shares, the short-interest ratio is currently 2.3 days.

YieldMax DIS Option Income Strategy ETF Price Performance

DISO stock traded down $0.05 during midday trading on Monday, hitting $9.40. The stock had a trading volume of 12,725 shares, compared to its average volume of 20,444. The business has a 50-day moving average of $9.93 and a two-hundred day moving average of $10.82. YieldMax DIS Option Income Strategy ETF has a 52-week low of $9.25 and a 52-week high of $14.99.

YieldMax DIS Option Income Strategy ETF Company Profile

The YieldMax DIS Option Income Strategy ETF (DISO) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Walt Disney stock (DIS) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. DISO was launched on Aug 24, 2023 and is issued by YieldMax.