YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Update

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the target of a significant growth in short interest in the month of June. As of June 30th, there was short interest totaling 10,257 shares, a growth of 560.9% from the June 15th total of 1,552 shares. Based on an average daily volume of 22,440 shares, the short-interest ratio is currently 0.5 days. Approximately 1.0% of the shares of the company are sold short.

YieldMax CVNA Option Income Strategy ETF Stock Performance

CVNY traded down $0.19 during midday trading on Friday, reaching $21.29. The company had a trading volume of 20,520 shares, compared to its average volume of 37,986. The business has a 50-day moving average of $23.22 and a two-hundred day moving average of $28.12. YieldMax CVNA Option Income Strategy ETF has a 1 year low of $20.37 and a 1 year high of $47.18.

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.