YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Down 94.2% in June

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) saw a significant decrease in short interest in the month of June. As of June 15th, there was short interest totaling 1,552 shares, a decrease of 94.2% from the May 31st total of 26,638 shares. Approximately 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 35,729 shares, the days-to-cover ratio is currently 0.0 days.

YieldMax CVNA Option Income Strategy ETF Stock Performance

NYSEARCA CVNY traded down $1.21 during trading hours on Friday, reaching $20.37. 37,172 shares of the company were exchanged, compared to its average volume of 39,463. YieldMax CVNA Option Income Strategy ETF has a 1 year low of $20.37 and a 1 year high of $47.18. The business’s 50 day simple moving average is $24.64 and its 200-day simple moving average is $29.47.

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.