NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) Short Interest Up 1,246.6% in August

NestYield Dynamic Income Shield ETF (NYSEARCA:EGGY) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 106,795 shares, a growth of 1,246.6% from the August 15th total of 7,931 shares. Based on an average daily volume of 123,378 shares, the days-to-cover ratio is currently 0.9 days. Approximately 2.4% of the company’s shares are sold short.

NestYield Dynamic Income Shield ETF Stock Performance

NYSEARCA EGGY traded down $1.41 during trading on Thursday, hitting $33.78. The stock had a trading volume of 61,009 shares, compared to its average volume of 62,527. 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 50 day simple moving average of $34.66 and a 200 day simple moving average of $36.06. The stock has a market capitalization of $148.63 million, a price-to-earnings ratio of 33.35 and a beta of 1.81.

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.