Short Interest in YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Increases By 771.7%

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the recipient of a large increase in short interest during the month of July. As of July 15th, there was short interest totaling 89,411 shares, an increase of 771.7% from the June 30th total of 10,257 shares. Based on an average trading volume of 16,813 shares, the short-interest ratio is presently 5.3 days. Currently, 9.9% of the company’s shares are short sold.

YieldMax CVNA Option Income Strategy ETF Trading Down 0.4%

CVNY opened at $19.05 on Friday. The stock has a 50-day moving average of $22.12 and a 200 day moving average of $26.95. YieldMax CVNA Option Income Strategy ETF has a 12 month low of $18.76 and a 12 month high of $47.18.

About YieldMax CVNA Option Income Strategy ETF

The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.