Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Drops By 49.5%

Madison Covered Call ETF (NYSEARCA:CVRD) was the target of a large decline in short interest during the month of February. As of February 13th, there was short interest totaling 105 shares, a decline of 49.5% from the January 29th total of 208 shares. Based on an average daily trading volume, of 3,670 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.0% of the shares of the company are short sold. Currently, 0.0% of the shares of the company are short sold. Based on an average daily trading volume, of 3,670 shares, the days-to-cover ratio is currently 0.0 days.

Madison Covered Call ETF Stock Up 0.1%

Shares of NYSEARCA CVRD opened at $18.80 on Friday. The firm’s 50-day moving average price is $18.76 and its 200-day moving average price is $18.72. Madison Covered Call ETF has a 52-week low of $15.61 and a 52-week high of $22.40. The company has a market cap of $36.85 million, a PE ratio of 18.76 and a beta of 0.60.

About Madison Covered Call ETF

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.