YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY – Get Free Report) was the recipient of a significant growth in short interest in the month of August. As of August 31st, there was short interest totaling 26,211 shares, a growth 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 sold short.
YieldMax CVNA Option Income Strategy ETF Price Performance
CVNY stock opened at $18.50 on Friday. YieldMax CVNA Option Income Strategy ETF has a 52 week low of $17.96 and a 52 week high of $43.18. The company’s 50-day moving average price is $20.70 and its 200 day moving average price is $23.22.
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.
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