YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Shares Shorted: Short Interest Down 37.6% in September

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the recipient of a significant decrease in short interest during the month of September. As of September 15th, there was short interest totaling 16,347 shares, a decrease of 37.6% from the August 31st total of 26,211 shares. Currently, 1.5% of the company’s stock are short sold. Based on an average daily volume of 26,453 shares, the days-to-cover ratio is presently 0.6 days.

YieldMax CVNA Option Income Strategy ETF Trading Up 2.5%

Shares of YieldMax CVNA Option Income Strategy ETF stock traded up $0.45 during trading on Friday, hitting $18.00. The stock had a trading volume of 16,771 shares, compared to its average volume of 33,154. YieldMax CVNA Option Income Strategy ETF has a 12 month low of $16.69 and a 12 month high of $43.18. The business’s 50-day moving average is $20.08 and its 200 day moving average is $22.66.

YieldMax CVNA Option Income Strategy ETF Company Profile

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.