Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Sees Large Growth in Short Interest

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) saw a large growth in short interest in the month of May. As of May 29th, there was short interest totaling 934 shares, a growth of 635.4% from the May 14th total of 127 shares. Based on an average trading volume of 2,667 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.3% of the shares of the company are sold short.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Trading Up 0.6%

Shares of BATS NFLP opened at $20.98 on Thursday. Kurv Yield Premium Strategy Netflix has a 12 month low of $20.73 and a 12 month high of $42.49. The stock has a 50 day moving average of $24.41 and a 200-day moving average of $25.69.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) through a synthetic covered call strategy, collateralized by cash and short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. NFLP was launched on Oct 27, 2023 and is issued by Kurv.