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

YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) was the target of a significant increase in short interest during the month of June. As of June 15th, there was short interest totaling 5,302 shares, an increase of 89.3% from the May 31st total of 2,801 shares. Approximately 2.3% of the company’s stock are short sold. Based on an average daily trading volume, of 8,225 shares, the short-interest ratio is presently 0.6 days.

YieldMax Short NVDA Option Income Strategy ETF Price Performance

NYSEARCA DIPS remained flat at $40.37 during trading hours on Friday. 5,369 shares of the company’s stock were exchanged, compared to its average volume of 6,609. YieldMax Short NVDA Option Income Strategy ETF has a 12-month low of $36.09 and a 12-month high of $75.50. The stock has a 50 day simple moving average of $39.77 and a 200 day simple moving average of $46.45.

YieldMax Short NVDA Option Income Strategy ETF Company Profile

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.