YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) Short Interest Up 96.8% in July

YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) saw a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 315,729 shares, a growth of 96.8% from the July 15th total of 160,393 shares. Based on an average daily volume of 149,146 shares, the days-to-cover ratio is currently 2.1 days. Approximately 3.0% of the shares of the company are sold short.

Institutional Trading of YieldMax PLTR Option Income Strategy ETF

A hedge fund recently bought a new stake in YieldMax PLTR Option Income Strategy ETF stock. Private Wealth Asset Management LLC purchased a new position in YieldMax PLTR Option Income Strategy ETF (NYSEARCA:PLTY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,082 shares of the company’s stock, valued at approximately $262,000. Private Wealth Asset Management LLC owned 0.05% of YieldMax PLTR Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

YieldMax PLTR Option Income Strategy ETF Trading Down 0.6%

Shares of PLTY stock traded down $0.21 during trading on Monday, hitting $37.41. The company had a trading volume of 146,353 shares, compared to its average volume of 231,799. YieldMax PLTR Option Income Strategy ETF has a one year low of $26.06 and a one year high of $67.66. The stock’s 50-day moving average price is $31.49 and its 200 day moving average price is $35.57.

YieldMax PLTR Option Income Strategy ETF Company Profile

The YieldMax PLTR Option Income Strategy ETF (PLTY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on Palantir Technologies Inc (PLTR) through a synthetic covered call strategy, collateralized by cash and US Treasurys PLTY was launched on Oct 7, 2024 and is issued by YieldMax.