Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Sees Large Growth in Short Interest

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) was the recipient of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 3,818 shares, an increase of 102.5% from the June 30th total of 1,885 shares. Based on an average trading volume of 10,712 shares, the short-interest ratio is currently 0.4 days. Approximately 0.8% of the company’s stock are sold short.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Price Performance

Shares of AMZP stock opened at $24.12 on Thursday. The company’s 50-day moving average is $26.80 and its 200 day moving average is $26.47. Kurv Yield Premium Strategy Amazon has a one year low of $22.11 and a one year high of $31.77.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Company Profile

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) 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 AMZP was launched on Oct 31, 2023 and is issued by Kurv.