YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 101.4% in May

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) saw a significant increase in short interest during the month of May. As of May 15th, there was short interest totaling 83,977 shares, an increase of 101.4% from the April 30th total of 41,706 shares. Based on an average trading volume of 69,726 shares, the days-to-cover ratio is presently 1.2 days. Currently, 6.5% of the shares of the stock are sold short.

YieldMax Short N100 Option Income Strategy ETF Price Performance

NASDAQ YQQQ opened at $9.98 on Monday. YieldMax Short N100 Option Income Strategy ETF has a fifty-two week low of $9.94 and a fifty-two week high of $15.25. The business has a fifty day moving average of $11.40 and a 200-day moving average of $11.93.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, May 29th. Investors of record on Thursday, May 28th were paid a $0.0439 dividend. The ex-dividend date was Thursday, May 28th. This is an increase from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04.

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.