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

Madison Covered Call ETF (NYSEARCA:CVRD) was the target of a significant increase in short interest in February. As of February 27th, there was short interest totaling 487 shares, an increase of 363.8% from the February 12th total of 105 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 123 shares, the short-interest ratio is presently 4.0 days. Based on an average trading volume of 123 shares, the short-interest ratio is presently 4.0 days. Approximately 0.0% of the company’s shares are sold short.

Madison Covered Call ETF Price Performance

Madison Covered Call ETF stock remained flat at $18.46 during mid-day trading on Wednesday. 7 shares of the company’s stock were exchanged, compared to its average volume of 937. Madison Covered Call ETF has a fifty-two week low of $15.61 and a fifty-two week high of $22.40. The stock has a market capitalization of $36.18 million, a price-to-earnings ratio of 18.76 and a beta of 0.60. The stock’s 50-day moving average price is $18.74 and its 200 day moving average price is $18.71.

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.