YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Sees Large Growth in Short Interest

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) saw a significant increase in short interest in October. As of October 15th, there was short interest totaling 7,656 shares, an increase of 95.2% from the September 30th total of 3,922 shares. Approximately 0.3% of the shares of the stock are short sold. Based on an average trading volume of 35,824 shares, the short-interest ratio is currently 0.2 days.

YieldMax Short N100 Option Income Strategy ETF Stock Up 0.6%

YieldMax Short N100 Option Income Strategy ETF stock opened at $9.86 on Tuesday. The firm’s 50 day simple moving average is $9.56 and its 200 day simple moving average is $10.71. YieldMax Short N100 Option Income Strategy ETF has a 1-year low of $9.16 and a 1-year high of $13.18.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, October 30th. Stockholders of record on Thursday, October 29th were given a dividend of $0.0427 per share. This is an increase from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.0312. The ex-dividend date was Thursday, October 29th. This represents a dividend yield of 2,325.0%.

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.