Short Interest in YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) Decreases By 85.9%

YieldMax Short COIN Option Income Strategy ETF (NYSEARCA:FIAT) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 12,490 shares, a drop of 85.9% from the August 15th total of 88,387 shares. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 78,777 shares, the short-interest ratio is presently 0.2 days.

YieldMax Short COIN Option Income Strategy ETF Trading Down 1.4%

Shares of FIAT stock opened at $16.79 on Friday. The stock has a 50-day moving average price of $19.34 and a 200 day moving average price of $22.13. YieldMax Short COIN Option Income Strategy ETF has a 12 month low of $15.40 and a 12 month high of $36.11.

YieldMax Short COIN Option Income Strategy ETF Company Profile

The YieldMax Short COIN Option Income Strategy ETF (FIAT) is an exchange-traded fund that mostly invests in financials equity. The fund aims to provide current income and inverse exposure to Coinbase stock (COIN), with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral FIAT was launched on Jul 9, 2024 and is issued by YieldMax.