YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 111.4% in May

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) saw a significant increase in short interest during the month of May. As of May 29th, there was short interest totaling 177,534 shares, an increase of 111.4% from the May 14th total of 83,977 shares. Based on an average trading volume of 50,587 shares, the days-to-cover ratio is presently 3.5 days. Currently, 13.7% of the shares of the stock are sold short.

YieldMax Short N100 Option Income Strategy ETF Stock Performance

Shares of NASDAQ YQQQ traded down $0.24 during trading on Monday, reaching $9.76. The company had a trading volume of 50,436 shares, compared to its average volume of 75,686. YieldMax Short N100 Option Income Strategy ETF has a twelve month low of $9.75 and a twelve month high of $14.85. The stock has a 50-day moving average price of $10.85 and a two-hundred day moving average price of $11.75.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, June 12th. Stockholders of record on Thursday, June 11th were issued a $0.0419 dividend. This is a positive change from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Thursday, June 11th.

About YieldMax Short N100 Option Income Strategy ETF

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.