Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Drops By 90.3%

by · The Markets Daily

Madison Covered Call ETF (NYSEARCA:CVRDGet Free Report) saw a large decrease in short interest in January. As of January 15th, there was short interest totaling 253 shares, a decrease of 90.3% from the December 31st total of 2,611 shares. Approximately 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 currently 2.5 days. Based on an average daily volume of 101 shares, the days-to-cover ratio is currently 2.5 days. Approximately 0.0% of the company’s stock are short sold.

Madison Covered Call ETF Stock Down 0.4%

CVRD stock traded down $0.07 during midday trading on Thursday, reaching $18.83. 67 shares of the company’s stock traded hands, compared to its average volume of 193. 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 $36.91 million, a price-to-earnings ratio of 18.76 and a beta of 0.60. The firm’s fifty day moving average price is $18.74 and its 200-day moving average price is $18.72.

About Madison Covered Call ETF

(Get Free Report)

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.

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