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

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

YieldMax CVNA Option Income Strategy ETF Trading Down 2.9%

YieldMax CVNA Option Income Strategy ETF stock traded down $0.64 during midday trading on Thursday, reaching $21.58. The company had a trading volume of 16,090 shares, compared to its average volume of 39,482. YieldMax CVNA Option Income Strategy ETF has a 12-month low of $20.95 and a 12-month high of $47.18. The firm’s fifty day simple moving average is $24.79 and its 200-day simple moving average is $29.54.

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.