YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Shares Shorted: Short Interest Down 45.8% in September

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the target of a large decline in short interest in September. As of September 30th, there was short interest totaling 73,343 shares, a decline of 45.8% from the September 15th total of 135,242 shares. Currently, 1.4% of the shares of the stock are sold short. Based on an average daily trading volume, of 82,632 shares, the days-to-cover ratio is currently 0.9 days.

YieldMax NFLX Option Income Strategy ETF Stock Performance

NYSEARCA:NFLY traded down $0.03 during trading hours on Wednesday, reaching $6.71. The company had a trading volume of 5,990 shares, compared to its average volume of 112,000. The stock has a 50-day moving average of $7.39 and a two-hundred day moving average of $8.56. YieldMax NFLX Option Income Strategy ETF has a one year low of $6.53 and a one year high of $16.58.

YieldMax NFLX Option Income Strategy ETF Company Profile

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.