Madison Covered Call ETF (NYSEARCA:CVRD) Stock Short Interest Rises 133.1%

Madison Covered Call ETF (NYSEARCA:CVRD) saw a large growth in short interest in October. As of October 15th, there was short interest totaling 324 shares, a growth of 133.1% from the September 30th total of 139 shares. Based on an average daily trading volume, of 368 shares, the days-to-cover ratio is currently 0.9 days. Approximately 0.0% of the shares of the company are short sold.

Madison Covered Call ETF Trading Down 0.2%

NYSEARCA:CVRD traded down $0.03 during mid-day trading on Friday, reaching $18.83. The company’s stock had a trading volume of 42 shares, compared to its average volume of 1,642. Madison Covered Call ETF has a 12-month low of $17.56 and a 12-month high of $22.40. The firm’s fifty day moving average price is $18.55 and its two-hundred day moving average price is $18.47. The stock has a market cap of $31.07 million, a P/E ratio of 18.76 and a beta of 0.57.

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.