YieldMax DIS Option Income Strategy ETF (NYSEARCA:DISO) Sees Large Increase in Short Interest

YieldMax DIS Option Income Strategy ETF (NYSEARCA:DISO) was the target of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,049 shares, an increase of 126.4% from the December 15th total of 905 shares. Based on an average trading volume of 17,030 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 17,030 shares, the days-to-cover ratio is presently 0.1 days.

YieldMax DIS Option Income Strategy ETF Stock Performance

Shares of DISO stock traded down $0.23 during trading hours on Friday, reaching $11.78. 6,821 shares of the company’s stock were exchanged, compared to its average volume of 11,621. The company’s 50 day moving average is $11.98 and its two-hundred day moving average is $12.85. YieldMax DIS Option Income Strategy ETF has a 1 year low of $11.45 and a 1 year high of $17.56.

YieldMax DIS Option Income Strategy ETF Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, January 16th. Shareholders of record on Thursday, January 15th will be issued a $0.0448 dividend. The ex-dividend date of this dividend is Thursday, January 15th. This represents a yield of 2,256.0%.

YieldMax DIS Option Income Strategy ETF Company Profile

The YieldMax DIS Option Income Strategy ETF (DISO) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Walt Disney stock (DIS) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. DISO was launched on Aug 24, 2023 and is issued by YieldMax.