YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) Short Interest Update

YieldMax Short NVDA Option Income Strategy ETF (NYSEARCA:DIPS) was the recipient of a significant growth in short interest in June. As of June 30th, there was short interest totaling 21,549 shares, a growth of 306.4% from the June 15th total of 5,302 shares. Currently, 10.8% of the shares of the stock are short sold. Based on an average trading volume of 8,129 shares, the days-to-cover ratio is presently 2.7 days.

YieldMax Short NVDA Option Income Strategy ETF Price Performance

Shares of YieldMax Short NVDA Option Income Strategy ETF stock traded up $0.91 during trading on Monday, reaching $38.25. The company’s stock had a trading volume of 2,057 shares, compared to its average volume of 6,698. YieldMax Short NVDA Option Income Strategy ETF has a 52-week low of $36.09 and a 52-week high of $73.60. The firm’s 50-day moving average is $39.52 and its two-hundred day moving average is $45.80.

YieldMax Short NVDA Option Income Strategy ETF Company Profile

The YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an exchange-traded fund that mostly invests in information technology equity. The fund aims to provide current income and inverse exposure to Nvidia stock (NVDA). The fund pursues its objective through an actively managed synthetic covered put strategy, using US Treasurys as collateral DIPS was launched on Jul 23, 2024 and is issued by YieldMax.