Short Interest in YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Grows By 199.5%

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) was the recipient of a significant increase in short interest in July. As of July 31st, there was short interest totaling 15,482 shares, an increase of 199.5% from the July 15th total of 5,170 shares. Currently, 1.1% of the company’s shares are short sold. Based on an average trading volume of 42,293 shares, the short-interest ratio is currently 0.4 days.

YieldMax CRCL Option Income Strategy ETF Trading Up 2.1%

NYSEARCA:CRCO traded up $0.28 on Thursday, reaching $13.64. The company’s stock had a trading volume of 44,284 shares, compared to its average volume of 80,430. YieldMax CRCL Option Income Strategy ETF has a 1-year low of $11.70 and a 1-year high of $57.31. The stock has a market cap of $19.78 million, a price-to-earnings ratio of -0.14 and a beta of -5.53.

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) is an exchange-traded fund designed to pursue an options-based income strategy tied to the performance of Circle Internet Group, Inc The fund seeks to generate current income, with a secondary goal of providing exposure to the price movements of its underlying reference asset through a rules-based strategy.

As an actively managed ETF, CRCO primarily uses options contracts rather than directly investing in a broad portfolio of operating businesses.