YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) Short Interest Down 82.4% in April

YieldMax NFLX Option Income Strategy ETF (NYSEARCA:NFLY) was the recipient of a significant decrease in short interest in April. As of April 30th, there was short interest totaling 153,223 shares, a decrease of 82.4% from the April 15th total of 871,532 shares. Based on an average daily trading volume, of 151,927 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.0% of the shares of the stock are sold short.

YieldMax NFLX Option Income Strategy ETF Stock Up 2.4%

Shares of NFLY stock traded up $0.23 during trading on Tuesday, hitting $9.65. The company had a trading volume of 87,623 shares, compared to its average volume of 164,455. The stock’s 50-day moving average is $10.90 and its two-hundred day moving average is $11.79. YieldMax NFLX Option Income Strategy ETF has a 52 week low of $9.41 and a 52 week high of $19.27.

About YieldMax NFLX Option Income Strategy ETF

The YieldMax NFLX Option Income Strategy ETF (NFLY) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLY was launched on Aug 7, 2023 and is issued by YieldMax.