YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) Sees Large Decline in Short Interest

YieldMax Dorsey Wright Hybrid 5 Income ETF (NASDAQ:FIVY) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 21,899 shares, a decrease of 46.8% from the May 14th total of 41,145 shares. Based on an average daily volume of 4,838 shares, the days-to-cover ratio is presently 4.5 days. Currently, 10.9% of the shares of the stock are short sold.

YieldMax Dorsey Wright Hybrid 5 Income ETF Price Performance

Shares of FIVY remained flat at $24.55 during mid-day trading on Tuesday. 5,693 shares of the stock traded hands, compared to its average volume of 5,630. YieldMax Dorsey Wright Hybrid 5 Income ETF has a twelve month low of $22.23 and a twelve month high of $41.88. The business has a 50 day simple moving average of $25.13 and a 200-day simple moving average of $26.99. The stock has a market capitalization of $4.91 million, a PE ratio of 27.16 and a beta of 1.26.

YieldMax Dorsey Wright Hybrid 5 Income ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 11th. Shareholders of record on Wednesday, June 10th were paid a $0.1744 dividend. The ex-dividend date of this dividend was Wednesday, June 10th. This is a boost from YieldMax Dorsey Wright Hybrid 5 Income ETF’s previous dividend of $0.17.

YieldMax Dorsey Wright Hybrid 5 Income ETF Company Profile

The YieldMax Dorsey Wright Hybrid 5 Income ETF (FIVY) is an exchange-traded fund that mostly invests in total market equity. The fund is a passively managed fund-of-funds that tracks an index of five stocks and five affiliated ETFs. The underlying ETFs seek to provide current income and capped gains by employing synthetic covered call strategies, collateralized by cash and US Treasurys. FIVY was launched on Dec 16, 2024 and is issued by YieldMax.