Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Sees Large Decline in Short Interest

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) saw a large decrease in short interest in September. As of September 15th, there was short interest totaling 590 shares, a decrease of 95.9% from the August 31st total of 14,410 shares. Based on an average daily trading volume, of 3,924 shares, the days-to-cover ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Kurv Yield Premium Strategy Netflix (NFLX) ETF

An institutional investor recently bought a new position in Kurv Yield Premium Strategy Netflix (NFLX) ETF stock. Wellington Grp LLC bought a new stake in Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 35,998 shares of the company’s stock, valued at approximately $1,790,000. Wellington Grp LLC owned approximately 13.33% of Kurv Yield Premium Strategy Netflix (NFLX) ETF at the end of the most recent quarter.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Price Performance

BATS NFLP traded down $0.16 during trading on Friday, reaching $16.57. The company’s stock had a trading volume of 11,017 shares, compared to its average volume of 5,881. The business has a 50-day moving average price of $18.34 and a 200-day moving average price of $21.42. Kurv Yield Premium Strategy Netflix has a 1-year low of $15.78 and a 1-year high of $37.20.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) 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. NFLP was launched on Oct 27, 2023 and is issued by Kurv.