Short Interest in YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Grows By 199.5%

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

YieldMax CRCL Option Income Strategy ETF Price Performance

NYSEARCA CRCO traded up $0.28 during trading hours on Thursday, hitting $13.64. The company’s stock had a trading volume of 44,284 shares, compared to its average volume of 80,430. YieldMax CRCL Option Income Strategy ETF has a twelve month low of $11.70 and a twelve month high of $57.31. The firm has a market capitalization of $19.78 million, a P/E ratio of -0.14 and a beta of -5.53.

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.