YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Short Interest Update

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) saw a significant drop in short interest in the month of August. As of August 31st, there was short interest totaling 12,490 shares, a drop of 85.9% from the August 15th total of 88,387 shares. Currently, 0.7% of the company’s stock are short sold. Based on an average daily volume of 78,777 shares, the days-to-cover ratio is presently 0.2 days.

YieldMax Short COIN Option Income Strategy ETF Price Performance

Shares of FIAT traded down $0.23 on Friday, hitting $16.79. The company’s stock had a trading volume of 27,939 shares, compared to its average volume of 77,056. The firm’s fifty day moving average price is $19.41 and its 200-day moving average price is $22.17. YieldMax Short COIN Option Income Strategy ETF has a fifty-two week low of $15.40 and a fifty-two week high of $36.11.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.