Madison Covered Call ETF (NYSEARCA:CVRD) Sees Significant Decrease in Short Interest

Madison Covered Call ETF (NYSEARCA:CVRD) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 174 shares, a decrease of 32.6% from the June 30th total of 258 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily trading volume, of 3,018 shares, the days-to-cover ratio is presently 0.1 days.

Madison Covered Call ETF Trading Up 0.1%

NYSEARCA:CVRD opened at $18.20 on Friday. Madison Covered Call ETF has a 1-year low of $17.56 and a 1-year high of $22.40. The firm has a fifty day simple moving average of $18.20 and a 200 day simple moving average of $18.42. The stock has a market capitalization of $31.49 million, a PE ratio of 18.76 and a beta of 0.57.

Madison Covered Call ETF Company Profile

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.