Madison Covered Call ETF (NYSEARCA:CVRD) Short Interest Update

Madison Covered Call ETF (NYSEARCA:CVRD) was the target of a large decline in short interest in the month of January. As of January 15th, there was short interest totaling 253 shares, a decline of 90.3% from the December 31st total of 2,611 shares. Based on an average daily volume of 101 shares, the days-to-cover ratio is currently 2.5 days. Currently, 0.0% of the company’s shares are sold short. Currently, 0.0% of the company’s shares are sold short. Based on an average daily volume of 101 shares, the days-to-cover ratio is currently 2.5 days.

Madison Covered Call ETF Price Performance

CVRD stock traded down $0.04 during midday trading on Wednesday, reaching $18.90. 25 shares of the company’s stock traded hands, compared to its average volume of 196. The company has a market capitalization of $37.04 million, a P/E ratio of 18.76 and a beta of 0.60. Madison Covered Call ETF has a fifty-two week low of $15.61 and a fifty-two week high of $22.40. The business has a 50-day moving average price of $18.72 and a two-hundred day moving average price of $18.72.

Madison Covered Call ETF Company Profile

The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.