Short Interest in YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Drops By 50.2%

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totaling 27,910 shares, a drop of 50.2% from the June 15th total of 56,020 shares. Approximately 1.9% of the company’s shares are short sold. Based on an average trading volume of 36,955 shares, the short-interest ratio is presently 0.8 days.

YieldMax Short N100 Option Income Strategy ETF Stock Performance

Shares of NASDAQ:YQQQ opened at $10.06 on Friday. The firm has a 50 day simple moving average of $10.09 and a 200 day simple moving average of $11.39. YieldMax Short N100 Option Income Strategy ETF has a 52 week low of $9.66 and a 52 week high of $13.94.

YieldMax Short N100 Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, July 17th. Stockholders of record on Thursday, July 16th will be given a $0.0542 dividend. The ex-dividend date of this dividend is Thursday, July 16th.

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.