YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Shares Shorted: Short Interest Down 37.6% in September

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the recipient of a large decline in short interest in the month of September. As of September 15th, there was short interest totaling 16,347 shares, a decline of 37.6% from the August 31st total of 26,211 shares. Based on an average daily trading volume, of 26,453 shares, the short-interest ratio is currently 0.6 days. Approximately 1.5% of the company’s stock are short sold.

YieldMax CVNA Option Income Strategy ETF Stock Down 3.1%

Shares of NYSEARCA CVNY traded down $0.55 during midday trading on Thursday, reaching $17.21. 16,578 shares of the company’s stock were exchanged, compared to its average volume of 33,137. YieldMax CVNA Option Income Strategy ETF has a 52-week low of $16.69 and a 52-week high of $43.18. The business’s fifty day moving average price is $20.11 and its two-hundred day moving average price is $22.71.

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.