Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Short Interest Up 143.1% in May

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) was the target of a large increase in short interest in May. As of May 15th, there was short interest totaling 19,263 shares, an increase of 143.1% from the April 30th total of 7,924 shares. Approximately 5.7% of the company’s stock are short sold. Based on an average daily volume of 15,373 shares, the short-interest ratio is currently 1.3 days.

Kurv Yield Premium Strategy Google (GOOGL) ETF Stock Down 1.2%

GOOP opened at $43.55 on Tuesday. The company has a fifty day simple moving average of $40.59 and a 200 day simple moving average of $39.27. Kurv Yield Premium Strategy Google has a twelve month low of $23.49 and a twelve month high of $48.23.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) 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. GOOP was launched on Oct 31, 2023 and is issued by Kurv.