YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Update

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the target of a large drop in short interest in June. As of June 15th, there was short interest totaling 56,020 shares, a drop of 68.4% from the May 31st total of 177,534 shares. Approximately 4.3% of the company’s stock are short sold. Based on an average trading volume of 103,058 shares, the days-to-cover ratio is currently 0.5 days.

YieldMax Short N100 Option Income Strategy ETF Trading Down 1.8%

Shares of YQQQ traded down $0.18 during trading hours on Tuesday, hitting $9.77. The company had a trading volume of 24,651 shares, compared to its average volume of 74,629. YieldMax Short N100 Option Income Strategy ETF has a one year low of $9.66 and a one year high of $14.39. The company’s fifty day moving average price is $10.37 and its two-hundred day moving average price is $11.58.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, June 26th. Shareholders of record on Thursday, June 25th were issued a $0.0483 dividend. This is a boost from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04. The ex-dividend date was Thursday, June 25th.

YieldMax Short N100 Option Income Strategy ETF Company Profile

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.