Short Interest in YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) Increases By 96.8%

YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) was the recipient of a significant growth in short interest during the month of July. As of July 31st, there was short interest totaling 315,729 shares, a growth of 96.8% from the July 15th total of 160,393 shares. Based on an average daily trading volume, of 149,146 shares, the days-to-cover ratio is presently 2.1 days. Approximately 3.0% of the shares of the company are short sold.

YieldMax PLTR Option Income Strategy ETF Stock Down 2.5%

PLTY stock traded down $0.95 during trading on Friday, hitting $37.62. 199,180 shares of the company traded hands, compared to its average volume of 232,351. The stock’s 50-day simple moving average is $31.49 and its 200 day simple moving average is $35.65. YieldMax PLTR Option Income Strategy ETF has a 1 year low of $26.06 and a 1 year high of $68.38.

Institutional Investors Weigh In On YieldMax PLTR Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax PLTR Option Income Strategy ETF stock. Private Wealth Asset Management LLC bought a new stake in shares of YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 5,082 shares of the company’s stock, valued at approximately $262,000. Private Wealth Asset Management LLC owned approximately 0.05% of YieldMax PLTR Option Income Strategy ETF at the end of the most recent reporting period.

YieldMax PLTR Option Income Strategy ETF Company Profile

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on Palantir Technologies Inc (PLTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys PLTY was launched on Oct 7, 2024 and is issued by YieldMax.