YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Update

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 31,048 shares, a decrease of 65.3% from the July 15th total of 89,411 shares. Based on an average trading volume of 16,710 shares, the short-interest ratio is presently 1.9 days. Currently, 3.2% of the shares of the stock are short sold.

YieldMax CVNA Option Income Strategy ETF Trading Up 1.5%

Shares of NYSEARCA CVNY traded up $0.33 during mid-day trading on Friday, hitting $22.12. 12,317 shares of the stock traded hands, compared to its average volume of 34,606. YieldMax CVNA Option Income Strategy ETF has a twelve month low of $17.96 and a twelve month high of $43.18. The firm has a 50 day simple moving average of $21.46 and a two-hundred day simple moving average of $25.11.

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.