YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) Short Interest Update

YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) was the recipient of a significant increase in short interest in June. As of June 30th, there was short interest totaling 21,549 shares, an increase of 306.4% from the June 15th total of 5,302 shares. Approximately 10.8% of the company’s stock are sold short. Based on an average daily trading volume, of 8,129 shares, the short-interest ratio is currently 2.7 days.

YieldMax Short NVDA Option Income Strategy ETF Stock Up 2.4%

YieldMax Short NVDA Option Income Strategy ETF stock traded up $0.91 during midday trading on Monday, reaching $38.25. 2,057 shares of the company traded hands, compared to its average volume of 6,698. YieldMax Short NVDA Option Income Strategy ETF has a 12 month low of $36.09 and a 12 month high of $73.60. The business has a 50 day moving average of $39.52 and a two-hundred day moving average of $45.80.

About YieldMax Short NVDA Option Income Strategy ETF

The YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide current income and inverse exposure to Nvidia stock (NVDA). The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral DIPS was launched on Jul 23, 2024 and is issued by YieldMax.