YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Shares Shorted: Short Interest Up 60.1% in October

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) was the recipient of a large increase in short interest in the month of October. As of October 15th, there was short interest totaling 83,570 shares, an increase of 60.1% from the September 30th total of 52,203 shares. Based on an average daily volume of 65,801 shares, the short-interest ratio is presently 1.3 days. Currently, 0.9% of the shares of the company are sold short.

YieldMax AAPL Option Income Strategy ETF Stock Performance

NYSEARCA APLY traded down $0.20 during mid-day trading on Monday, reaching $11.69. 76,546 shares of the stock were exchanged, compared to its average volume of 136,775. The business’s 50 day moving average is $11.80 and its 200-day moving average is $12.08. YieldMax AAPL Option Income Strategy ETF has a 1 year low of $11.05 and a 1 year high of $14.21.

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.