YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Sees Significant Drop in Short Interest

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) was the target of a large drop in short interest during the month of August. As of August 31st, there was short interest totaling 46,029 shares, a drop of 33.7% from the August 15th total of 69,404 shares. Based on an average daily trading volume, of 79,535 shares, the days-to-cover ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are short sold.

YieldMax AAPL Option Income Strategy ETF Trading Up 0.0%

NYSEARCA APLY traded up $0.01 during trading on Thursday, hitting $11.90. The stock had a trading volume of 31,363 shares, compared to its average volume of 149,002. YieldMax AAPL Option Income Strategy ETF has a 12 month low of $11.05 and a 12 month high of $14.21. The company’s 50-day moving average price is $11.91 and its two-hundred day moving average price is $12.01.

About YieldMax AAPL Option Income Strategy ETF

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.