Short Interest in Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) Drops By 66.3%

Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) saw a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 17,220 shares, a decrease of 66.3% from the April 15th total of 51,040 shares. Approximately 8.2% of the shares of the company are short sold. Based on an average daily volume of 16,589 shares, the short-interest ratio is presently 1.0 days.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Price Performance

Shares of BATS:MSFY opened at $18.11 on Thursday. Kurv Yield Premium Strategy Microsoft has a 1-year low of $16.31 and a 1-year high of $28.47. The company’s fifty day moving average is $18.27 and its two-hundred day moving average is $21.64.

About Kurv Yield Premium Strategy Microsoft (MSFT) ETF

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.