Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Declines By 17.8%

Madison Covered Call ETF (NYSEARCA:CVRD) saw a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 208 shares, a drop of 17.8% from the January 15th total of 253 shares. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 210 shares, the days-to-cover ratio is currently 1.0 days. Based on an average daily volume of 210 shares, the days-to-cover ratio is currently 1.0 days. Currently, 0.0% of the company’s shares are sold short.

Madison Covered Call ETF Stock Performance

Shares of CVRD traded up $0.06 during trading hours on Tuesday, hitting $18.75. The stock had a trading volume of 24 shares, compared to its average volume of 1,357. Madison Covered Call ETF has a 12-month low of $15.61 and a 12-month high of $22.40. The firm has a market cap of $36.75 million, a P/E ratio of 18.76 and a beta of 0.60. The company’s fifty day simple moving average is $18.78 and its 200 day simple moving average is $18.71.

About Madison Covered Call ETF

The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.