YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Sees Large Increase in Short Interest

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNYGet Free Report) was the recipient of a large increase in short interest in the month of August. As of August 31st, there was short interest totaling 26,211 shares, an increase of 63.2% from the August 15th total of 16,057 shares. Based on an average daily volume of 28,689 shares, the short-interest ratio is presently 0.9 days. Approximately 2.7% of the shares of the stock are short sold.

YieldMax CVNA Option Income Strategy ETF Stock Down 2.3%

NYSEARCA:CVNY opened at $18.51 on Thursday. YieldMax CVNA Option Income Strategy ETF has a twelve month low of $17.96 and a twelve month high of $43.18. The business’s 50-day moving average price is $20.76 and its two-hundred day moving average price is $23.28.

About YieldMax CVNA Option Income Strategy ETF

(Get Free Report)

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.

Further Reading

Receive News & Ratings for YieldMax CVNA Option Income Strategy ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for YieldMax CVNA Option Income Strategy ETF and related companies with MarketBeat.com's FREE daily email newsletter.