Short Interest in Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Rises By 635.4%

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) saw a significant increase in short interest in the month of May. As of May 29th, there was short interest totaling 934 shares, an increase of 635.4% from the May 14th total of 127 shares. Based on an average daily trading volume, of 2,667 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.3% of the company’s shares are short sold.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Price Performance

Kurv Yield Premium Strategy Netflix (NFLX) ETF stock opened at $20.86 on Wednesday. Kurv Yield Premium Strategy Netflix has a fifty-two week low of $20.73 and a fifty-two week high of $42.49. The firm’s 50 day simple moving average is $24.50 and its 200-day simple moving average is $25.77.

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.