Short Interest in YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Increases By 771.7%

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) saw a large increase in short interest in the month of July. As of July 15th, there was short interest totaling 89,411 shares, an increase of 771.7% from the June 30th total of 10,257 shares. Based on an average trading volume of 16,813 shares, the days-to-cover ratio is presently 5.3 days. Approximately 9.9% of the company’s shares are sold short.

YieldMax CVNA Option Income Strategy ETF Trading Down 0.4%

CVNY stock opened at $19.05 on Friday. The business’s fifty day simple moving average is $22.12 and its two-hundred day simple moving average is $26.95. YieldMax CVNA Option Income Strategy ETF has a twelve month low of $18.76 and a twelve month high of $47.18.

About YieldMax CVNA Option Income Strategy ETF

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.