Madison Covered Call ETF (NYSEARCA:CVRD) Short Interest Up 2,485.1% in December

Madison Covered Call ETF (NYSEARCA:CVRD) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totaling 2,611 shares, an increase of 2,485.1% from the December 15th total of 101 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 12,741 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 12,741 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are short sold.

Madison Covered Call ETF Stock Performance

Shares of CVRD stock traded down $0.04 during trading hours on Monday, hitting $18.78. The company had a trading volume of 57 shares, compared to its average volume of 165. Madison Covered Call ETF has a 12 month low of $15.61 and a 12 month high of $22.40. The firm’s fifty day moving average is $18.60 and its 200 day moving average is $18.72. The firm has a market capitalization of $36.81 million, a price-to-earnings ratio of 18.76 and a beta of 0.60.

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.