YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Shares Cross Above 50 Day Moving Average – Time to Sell?

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $9.56 and traded as high as $9.84. YieldMax Short N100 Option Income Strategy ETF shares last traded at $9.80, with a volume of 87,389 shares traded.

YieldMax Short N100 Option Income Strategy ETF Stock Up 2.6%

The stock’s fifty day moving average price is $9.56 and its 200-day moving average price is $10.72.

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 issued a dividend of $0.0427 per share. This represents a dividend yield of 2,325.0%. 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.

About YieldMax Short N100 Option Income Strategy ETF

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.