NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Sees Large Increase in Short Interest

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) saw a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 26,875 shares, a growth of 82.6% from the April 30th total of 14,714 shares. Currently, 1.0% of the company’s shares are short sold. Based on an average daily volume of 51,850 shares, the days-to-cover ratio is currently 0.5 days.

NestYield Dynamic Income Shield ETF Price Performance

NYSEARCA EGGY opened at $42.23 on Thursday. The stock has a market capitalization of $114.02 million, a PE ratio of 33.35 and a beta of 1.72. NestYield Dynamic Income Shield ETF has a 1 year low of $29.15 and a 1 year high of $43.11. The business’s 50-day moving average is $36.39 and its 200 day moving average is $35.44.

NestYield Dynamic Income Shield ETF Company Profile

The NestYield Dynamic Income ETF (EGGY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed investing in US large cap equities directly and synthetically. The fund employs options strategies to generate income and hedge downside risks using a laddered put options strategy. EGGY was launched on Dec 26, 2024 and is issued by NestYield.