Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) Short Interest Up 140.0% in July

Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 18,817 shares, an increase of 140.0% from the June 30th total of 7,840 shares. Approximately 9.0% of the shares of the stock are short sold. Based on an average daily volume of 12,253 shares, the short-interest ratio is presently 1.5 days.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Trading Down 0.4%

MSFY stock opened at $16.98 on Thursday. Kurv Yield Premium Strategy Microsoft has a 1-year low of $15.38 and a 1-year high of $28.47. The business’s 50 day moving average is $17.57 and its 200-day moving average is $18.70.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Company Profile

The Kurv Yield Premium Strategy Microsoft (MSFT) ETF (MSFY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) 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. MSFY was launched on Oct 31, 2023 and is issued by Kurv.