Short Interest in Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Declines By 44.2%

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) saw a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 5,390 shares, a decrease of 44.2% from the June 30th total of 9,665 shares. Approximately 1.6% of the company’s stock are sold short. Based on an average daily trading volume, of 13,414 shares, the days-to-cover ratio is presently 0.4 days.

Kurv Yield Premium Strategy Google (GOOGL) ETF Price Performance

BATS:GOOP opened at $37.13 on Wednesday. Kurv Yield Premium Strategy Google has a 1-year low of $27.51 and a 1-year high of $48.23. The firm has a fifty day simple moving average of $41.15 and a 200 day simple moving average of $39.74.

Kurv Yield Premium Strategy Google (GOOGL) ETF Company Profile

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) 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. GOOP was launched on Oct 31, 2023 and is issued by Kurv.