Short Interest in YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Expands By 98.5%

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) saw a significant increase in short interest during 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 trading volume, of 64,530 shares, the short-interest ratio is currently 0.5 days. Currently, 2.1% of the shares of the company are short sold.

YieldMax CRCL Option Income Strategy ETF Trading Up 5.2%

Shares of NYSEARCA CRCO traded up $0.78 during midday trading on Monday, hitting $15.75. 59,560 shares of the company’s stock were exchanged, compared to its average volume of 80,381. YieldMax CRCL Option Income Strategy ETF has a 12 month low of $11.70 and a 12 month high of $57.31. The company has a market capitalization of $22.84 million, a P/E ratio of -0.16 and a beta of 5.14.

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.