Madison Covered Call ETF (NYSEARCA:CVRD) Short Interest Down 90.3% in January
by Amy Steele · The Cerbat GemMadison Covered Call ETF (NYSEARCA:CVRD – Get Free Report) was the target of a large drop in short interest in January. As of January 15th, there was short interest totaling 253 shares, a drop of 90.3% from the December 31st total of 2,611 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average daily volume of 101 shares, the days-to-cover ratio is presently 2.5 days. Based on an average daily volume of 101 shares, the days-to-cover ratio is presently 2.5 days. Currently, 0.0% of the company’s stock are short sold.
Madison Covered Call ETF Stock Down 0.2%
Shares of NYSEARCA CVRD traded down $0.04 during midday trading on Wednesday, hitting $18.90. The stock had a trading volume of 25 shares, compared to its average volume of 196. The business’s 50 day moving average is $18.72 and its 200-day moving average is $18.72. Madison Covered Call ETF has a 52 week low of $15.61 and a 52 week high of $22.40. The company has a market cap of $37.04 million, a P/E ratio of 18.76 and a beta of 0.60.
Madison Covered Call ETF Company Profile
The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.