Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Sees Significant Growth in Short Interest

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 11,118 shares, a growth of 276.5% from the June 15th total of 2,953 shares. Currently, 6.2% of the shares of the company are sold short. Based on an average daily volume of 5,810 shares, the short-interest ratio is currently 1.9 days.

Kurv Yield Premium Strategy Apple (AAPL) ETF Price Performance

Shares of AAPY opened at $26.72 on Monday. The company’s fifty day moving average price is $25.87 and its 200-day moving average price is $24.21. Kurv Yield Premium Strategy Apple has a 1-year low of $21.07 and a 1-year high of $27.57.

Kurv Yield Premium Strategy Apple (AAPL) ETF Company Profile

The Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) 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. AAPY was launched on Oct 27, 2023 and is issued by Kurv.