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

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totaling 194 shares, a drop of 79.2% from the May 31st total of 934 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 3,945 shares, the days-to-cover ratio is currently 0.0 days.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Trading Up 4.6%

BATS:NFLP opened at $18.27 on Friday. The firm’s 50 day simple moving average is $22.38 and its 200 day simple moving average is $24.70. Kurv Yield Premium Strategy Netflix has a one year low of $17.47 and a one year high of $42.49.

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.