Short Interest in NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Drops By 66.8%

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) was the recipient of a significant decline in short interest during the month of August. As of August 14th, there was short interest totaling 7,931 shares, a decline of 66.8% from the July 30th total of 23,882 shares. Based on an average daily volume of 91,879 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.2% of the shares of the stock are sold short.

NestYield Dynamic Income Shield ETF Trading Down 5.5%

Shares of NYSEARCA:EGGY traded down $1.88 during mid-day trading on Friday, reaching $32.32. The stock had a trading volume of 128,284 shares, compared to its average volume of 61,040. The business’s 50 day moving average price is $36.52 and its 200 day moving average price is $36.12. NestYield Dynamic Income Shield ETF has a 1 year low of $29.15 and a 1 year high of $45.94. The company has a market cap of $142.21 million, a P/E ratio of 33.35 and a beta of 1.82.

About NestYield Dynamic Income Shield ETF

The NestYield Dynamic Income ETF (EGGY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income and hedge downside risks using a laddered put options strategy. EGGY was launched on Dec 26, 2024 and is issued by NestYield.