Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Sees Significant Increase in Short Interest

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) was the recipient of a significant growth in short interest in August. As of August 14th, there was short interest totaling 14,309 shares, a growth of 242.8% from the July 30th total of 4,174 shares. Based on an average trading volume of 9,778 shares, the days-to-cover ratio is presently 1.5 days. Approximately 7.9% of the shares of the stock are short sold.

Kurv Yield Premium Strategy Apple (AAPL) ETF Price Performance

Shares of BATS AAPY opened at $26.64 on Friday. Kurv Yield Premium Strategy Apple has a 52-week low of $21.25 and a 52-week high of $29.12. The business has a fifty day moving average of $26.30 and a two-hundred day moving average of $24.85.

About Kurv Yield Premium Strategy Apple (AAPL) ETF

The Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) 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. AAPY was launched on Oct 27, 2023 and is issued by Kurv.