YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Short Interest Update

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 30,727 shares, an increase of 98.5% from the July 30th total of 15,482 shares. Based on an average daily volume of 64,530 shares, the days-to-cover ratio is presently 0.5 days. Currently, 2.1% of the shares of the company are sold short.

YieldMax CRCL Option Income Strategy ETF Trading Up 6.7%

Shares of NYSEARCA CRCO opened at $15.98 on Tuesday. The company has a market capitalization of $23.17 million, a price-to-earnings ratio of -0.16 and a beta of 5.33. YieldMax CRCL Option Income Strategy ETF has a 12 month low of $11.70 and a 12 month high of $57.31.

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.