YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) Short Interest Update

YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) was the target of a large increase in short interest in June. As of June 30th, there was short interest totaling 21,549 shares, an increase of 306.4% from the June 15th total of 5,302 shares. Approximately 10.8% of the company’s stock are short sold. Based on an average daily volume of 8,129 shares, the short-interest ratio is currently 2.7 days.

YieldMax Short NVDA Option Income Strategy ETF Stock Performance

DIPS stock traded up $1.05 during trading on Monday, reaching $38.39. The stock had a trading volume of 2,089 shares, compared to its average volume of 6,699. The firm has a fifty day moving average price of $39.52 and a 200 day moving average price of $45.80. YieldMax Short NVDA Option Income Strategy ETF has a 1-year low of $36.09 and a 1-year high of $73.60.

About YieldMax Short NVDA Option Income Strategy ETF

The YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide current income and inverse exposure to Nvidia stock (NVDA). The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral DIPS was launched on Jul 23, 2024 and is issued by YieldMax.