YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Short Interest Up 101.4% in May

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) was the target of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 83,977 shares, a growth of 101.4% from the April 30th total of 41,706 shares. Currently, 6.5% of the shares of the company are short sold. Based on an average daily trading volume, of 69,726 shares, the short-interest ratio is currently 1.2 days.

YieldMax Short N100 Option Income Strategy ETF Price Performance

Shares of YQQQ opened at $9.96 on Wednesday. The company has a 50-day simple moving average of $11.34 and a 200-day simple moving average of $11.91. YieldMax Short N100 Option Income Strategy ETF has a 52 week low of $9.91 and a 52 week high of $15.01.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, May 29th. Stockholders of record on Thursday, May 28th were given a dividend of $0.0439 per share. This is an increase from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.04. The ex-dividend date of this dividend was Thursday, May 28th.

YieldMax Short N100 Option Income Strategy ETF Company Profile

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.