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

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

YieldMax DIS Option Income Strategy ETF Stock Performance

DISO remained flat at $9.45 during trading on Friday. 5,726 shares of the company’s stock traded hands, compared to its average volume of 20,540. YieldMax DIS Option Income Strategy ETF has a fifty-two week low of $9.28 and a fifty-two week high of $14.99. The stock has a 50 day moving average price of $9.93 and a 200 day moving average price of $10.82.

About YieldMax DIS Option Income Strategy ETF

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.