YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Sees Large Decline in Short Interest

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) saw a significant drop in short interest in the month of August. As of August 15th, there was short interest totaling 128,500 shares, adropof58.8% from the July 31st total of 311,800 shares. Based on an average trading volume of 136,000 shares, the days-to-cover ratio is presently 0.9 days. Based on an average trading volume of 136,000 shares, the days-to-cover ratio is presently 0.9 days.

YieldMax AAPL Option Income Strategy ETF Price Performance

YieldMax AAPL Option Income Strategy ETF stock opened at $13.51 on Thursday. YieldMax AAPL Option Income Strategy ETF has a one year low of $11.72 and a one year high of $18.69. The business has a fifty day moving average of $13.11 and a two-hundred day moving average of $13.73.

Institutional Investors Weigh In On YieldMax AAPL Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax AAPL Option Income Strategy ETF stock. Cambridge Investment Research Advisors Inc. raised its holdings in YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) by 5.5% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,292 shares of the company’s stock after acquiring an additional 743 shares during the quarter. Cambridge Investment Research Advisors Inc. owned 0.17% of YieldMax AAPL Option Income Strategy ETF worth $216,000 as of its most recent filing with the SEC.

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.