NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Short Interest Down 66.8% in August

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) was the target of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 7,931 shares, a drop of 66.8% from the July 30th total of 23,882 shares. Based on an average daily volume of 91,879 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are sold short.

NestYield Dynamic Income Shield ETF Price Performance

Shares of NestYield Dynamic Income Shield ETF stock traded down $1.88 during trading hours on Friday, reaching $32.32. The company’s stock had a trading volume of 128,284 shares, compared to its average volume of 61,040. The firm has a 50 day moving average price of $36.52 and a 200-day moving average price of $36.12. NestYield Dynamic Income Shield ETF has a one year low of $29.15 and a one year high of $45.94. The stock has a market cap of $142.21 million, a P/E ratio of 33.35 and a beta of 1.82.

About NestYield Dynamic Income Shield ETF

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.