YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Update
by Kim Johansen · The Markets DailyYieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY – Get Free Report) saw a large increase in short interest in the month of June. As of June 30th, there was short interest totaling 10,257 shares, an increase of 560.9% from the June 15th total of 1,552 shares. Based on an average daily volume of 22,440 shares, the short-interest ratio is presently 0.5 days. Currently, 1.0% of the shares of the stock are sold short.
YieldMax CVNA Option Income Strategy ETF Trading Down 1.2%
Shares of CVNY traded down $0.26 during mid-day trading on Monday, reaching $21.03. The company had a trading volume of 16,470 shares, compared to its average volume of 37,821. YieldMax CVNA Option Income Strategy ETF has a twelve month low of $20.37 and a twelve month high of $47.18. The company’s 50-day moving average is $23.22 and its 200-day moving average is $28.05.
YieldMax CVNA Option Income Strategy ETF Company Profile
The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.
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