YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Short Interest Down 65.3% in July

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the target of a significant decrease in short interest in July. As of July 31st, there was short interest totaling 31,048 shares, a decrease of 65.3% from the July 15th total of 89,411 shares. Based on an average trading volume of 16,710 shares, the short-interest ratio is presently 1.9 days. Currently, 3.2% of the shares of the company are short sold.

YieldMax CVNA Option Income Strategy ETF Stock Performance

NYSEARCA CVNY traded up $0.09 during trading on Friday, reaching $21.88. The company’s stock had a trading volume of 7,478 shares, compared to its average volume of 34,574. YieldMax CVNA Option Income Strategy ETF has a 12 month low of $17.96 and a 12 month high of $43.18. The firm has a 50 day moving average price of $21.47 and a 200 day moving average price of $25.13.

YieldMax CVNA Option Income Strategy ETF Company Profile

The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.