YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Short Interest Update

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the target of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 150,058 shares, an increase of 64.7% from the August 15th total of 91,092 shares. Currently, 3.0% of the company’s stock are short sold. Based on an average daily volume of 51,897 shares, the days-to-cover ratio is presently 2.9 days.

YieldMax NFLX Option Income Strategy ETF Stock Down 1.2%

Shares of NFLY opened at $7.44 on Thursday. The company’s 50 day moving average price is $7.66 and its 200 day moving average price is $9.17. YieldMax NFLX Option Income Strategy ETF has a 52 week low of $7.00 and a 52 week high of $17.01.

About YieldMax NFLX Option Income Strategy ETF

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.