Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Drops By 23.8%

Madison Covered Call ETF (NYSEARCA:CVRD) saw a large drop in short interest in the month of March. As of March 13th, there was short interest totaling 371 shares, a drop of 23.8% from the February 26th total of 487 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 72 shares, the short-interest ratio is presently 5.2 days.

Madison Covered Call ETF Price Performance

Madison Covered Call ETF stock remained flat at $17.64 during midday trading on Tuesday. The company had a trading volume of 324 shares, compared to its average volume of 1,587. The business has a 50 day moving average price of $18.59 and a two-hundred day moving average price of $18.63. Madison Covered Call ETF has a twelve month low of $15.61 and a twelve month high of $22.40. The company has a market cap of $34.57 million, a P/E ratio of 18.76 and a beta of 0.60.

About Madison Covered Call ETF

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.