YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Sees Large Growth in Short Interest

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) saw a significant growth in short interest in October. As of October 15th, there was short interest totaling 83,570 shares, a growth of 60.1% from the September 30th total of 52,203 shares. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 65,801 shares, the days-to-cover ratio is currently 1.3 days.

YieldMax AAPL Option Income Strategy ETF Stock Down 1.7%

APLY traded down $0.20 during trading on Monday, hitting $11.69. The company’s stock had a trading volume of 76,546 shares, compared to its average volume of 136,775. YieldMax AAPL Option Income Strategy ETF has a twelve month low of $11.05 and a twelve month high of $14.21. The business’s fifty day simple moving average is $11.80 and its 200 day simple moving average is $12.08.

YieldMax AAPL Option Income Strategy ETF Company Profile

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.