YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) Stock Price Down 1.1% – Here’s What Happened

YieldMax AAPL Option Income Strategy ETF (NYSEARCA:APLY) dropped 1.1% during mid-day trading on Thursday . The stock traded as low as $12.24 and last traded at $12.28. Approximately 116,744 shares traded hands during mid-day trading, a decline of 25% from the average daily volume of 156,204 shares. The stock had previously closed at $12.42.

YieldMax AAPL Option Income Strategy ETF Stock Performance

The stock’s 50 day moving average price is $12.88 and its two-hundred day moving average price is $13.33.

YieldMax AAPL Option Income Strategy ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, February 20th. Stockholders of record on Thursday, February 19th will be issued a $0.0481 dividend. This represents a dividend yield of 2,109.0%. The ex-dividend date of this dividend is Thursday, February 19th.

YieldMax AAPL Option Income Strategy ETF Company Profile

The YieldMax AAPL Option Income Strategy ETF (APLY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. APLY was launched on Apr 18, 2023 and is managed by Tidal.