Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Stock Short Interest Climbs 371.5%

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) was the target of a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 2,782 shares, an increase of 371.5% from the September 15th total of 590 shares. Approximately 0.8% of the company’s stock are short sold. Based on an average daily trading volume, of 6,521 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Kurv Yield Premium Strategy Netflix (NFLX) ETF

A hedge fund 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) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor 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 as of its most recent filing with the SEC.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Trading Down 1.5%

NFLP traded down $0.24 during trading on Friday, hitting $16.26. The company had a trading volume of 1,710 shares, compared to its average volume of 5,784. Kurv Yield Premium Strategy Netflix has a 1-year low of $15.42 and a 1-year high of $37.15. The business has a 50-day moving average of $18.11 and a 200-day moving average of $20.69.

About Kurv Yield Premium Strategy Netflix (NFLX) ETF

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.