Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) Sees Large Increase in Short Interest

Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY – Get Free Report) was the target of a large growth in short interest in the month of October. As of October 15th, there was short interest totaling 7,794 shares, a growth of 294.0% from the September 30th total of 1,978 shares. Currently, 3.7% of the company’s shares are sold short. Based on an average trading volume of 10,129 shares, the short-interest ratio is currently 0.8 days.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Price Performance

Kurv Yield Premium Strategy Microsoft (MSFT) ETF stock opened at $21.44 on Thursday. The company’s 50 day simple moving average is $20.76 and its 200 day simple moving average is $19.32. Kurv Yield Premium Strategy Microsoft has a fifty-two week low of $15.38 and a fifty-two week high of $27.85.

About Kurv Yield Premium Strategy Microsoft (MSFT) ETF

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The Kurv Yield Premium Strategy Microsoft (MSFT) ETF (MSFY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) 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. MSFY was launched on Oct 31, 2023 and is issued by Kurv.

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