YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Short Interest Update

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 15,482 shares, a growth of 199.5% from the July 15th total of 5,170 shares. Based on an average daily volume of 42,293 shares, the short-interest ratio is presently 0.4 days. Approximately 1.1% of the company’s shares are short sold.

YieldMax CRCL Option Income Strategy ETF Price Performance

NYSEARCA CRCO traded down $0.47 during trading on Friday, hitting $13.17. The stock had a trading volume of 44,060 shares, compared to its average volume of 80,196. The company has a market cap of $19.10 million, a P/E ratio of -0.13 and a beta of -6.03. YieldMax CRCL Option Income Strategy ETF has a one year low of $11.70 and a one year high of $57.31.

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) is an exchange-traded fund designed to pursue an options-based income strategy tied to the performance of Circle Internet Group, Inc The fund seeks to generate current income, with a secondary goal of providing exposure to the price movements of its underlying reference asset through a rules-based strategy.

As an actively managed ETF, CRCO primarily uses options contracts rather than directly investing in a broad portfolio of operating businesses.