YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Update
by Tristan Rich · The Markets DailyYieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY – Get Free Report) was the recipient of a large drop in short interest in the month of June. As of June 15th, there was short interest totaling 1,552 shares, a drop of 94.2% from the May 31st total of 26,638 shares. Based on an average trading volume of 35,729 shares, the short-interest ratio is currently 0.0 days. Approximately 0.2% of the shares of the stock are short sold.
YieldMax CVNA Option Income Strategy ETF Stock Performance
CVNY stock traded down $0.64 during mid-day trading on Thursday, reaching $21.58. 16,090 shares of the company’s stock were exchanged, compared to its average volume of 39,482. YieldMax CVNA Option Income Strategy ETF has a 12-month low of $20.95 and a 12-month high of $47.18. The stock’s 50 day moving average is $24.79 and its 200 day moving average is $29.54.
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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