YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Short Interest Down 82.4% in April

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the target of a significant decrease in short interest during the month of April. As of April 30th, there was short interest totaling 153,223 shares, a decrease of 82.4% from the April 15th total of 871,532 shares. Currently, 2.0% of the shares of the company are sold short. Based on an average daily volume of 151,927 shares, the days-to-cover ratio is presently 1.0 days.

YieldMax NFLX Option Income Strategy ETF Price Performance

NYSEARCA NFLY traded up $0.23 during trading on Tuesday, hitting $9.65. 87,623 shares of the company’s stock traded hands, compared to its average volume of 164,455. YieldMax NFLX Option Income Strategy ETF has a 12-month low of $9.41 and a 12-month high of $19.27. The business has a 50 day moving average of $10.90 and a 200-day moving average of $11.79.

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.