Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) Short Interest Update

Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) was the target of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 1,928 shares, a drop of 68.9% from the August 15th total of 6,201 shares. Based on an average daily volume of 6,845 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.9% of the company’s stock are short sold.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Stock Performance

Shares of MSFY stock opened at $20.10 on Friday. The firm has a fifty day simple moving average of $19.08 and a two-hundred day simple moving average of $18.49. Kurv Yield Premium Strategy Microsoft has a 12 month low of $15.38 and a 12 month high of $28.10.

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.