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 target of a large 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. Currently, 3.0% of the shares of the company are sold short. Based on an average trading volume of 149,146 shares, the short-interest ratio is currently 2.1 days.

Institutional Investors Weigh In On YieldMax PLTR Option Income Strategy ETF

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

YieldMax PLTR Option Income Strategy ETF Stock Down 2.5%

Shares of NYSEARCA:PLTY traded down $0.95 during midday trading on Friday, reaching $37.62. The company’s stock had a trading volume of 199,180 shares, compared to its average volume of 232,351. YieldMax PLTR Option Income Strategy ETF has a twelve month low of $26.06 and a twelve month high of $68.38. The stock has a fifty day moving average of $31.49 and a 200 day moving average of $35.65.

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.