YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Short Interest Update

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) saw a large decrease in short interest in May. As of May 15th, there was short interest totaling 96,131 shares, a decrease of 37.3% from the April 30th total of 153,223 shares. Based on an average daily trading volume, of 119,497 shares, the days-to-cover ratio is currently 0.8 days. Currently, 1.2% of the shares of the stock are sold short.

YieldMax NFLX Option Income Strategy ETF Stock Performance

Shares of NFLY stock opened at $9.00 on Thursday. YieldMax NFLX Option Income Strategy ETF has a 52-week low of $8.95 and a 52-week high of $19.27. The firm has a fifty day moving average of $10.27 and a 200-day moving average of $11.17.

About YieldMax NFLX Option Income Strategy ETF

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.