YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) Sees Large Growth in Short Interest

YieldMax Short N100 Option Income Strategy ETF (NASDAQ:YQQQ) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 7,656 shares, an increase of 95.2% from the September 30th total of 3,922 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 35,824 shares, the short-interest ratio is presently 0.2 days.

YieldMax Short N100 Option Income Strategy ETF Stock Performance

YQQQ traded down $0.04 during trading on Monday, hitting $9.77. The stock had a trading volume of 26,259 shares, compared to its average volume of 61,434. The company has a 50 day moving average price of $9.56 and a 200-day moving average price of $10.72. YieldMax Short N100 Option Income Strategy ETF has a one year low of $9.16 and a one year high of $13.18.

YieldMax Short N100 Option Income Strategy ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, October 30th. Investors of record on Thursday, October 29th were paid a $0.0427 dividend. This represents a dividend yield of 2,325.0%. This is a boost from YieldMax Short N100 Option Income Strategy ETF’s previous dividend of $0.0312. The ex-dividend date was Thursday, October 29th.

YieldMax Short N100 Option Income Strategy ETF Company Profile

The YieldMax Short N100 Option Income Strategy ETF (YQQQ) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide current income and inverse exposure to the NASDAQ 100 Index, with a cap on potential gains. The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral YQQQ was launched on Aug 14, 2024 and is issued by YieldMax.