YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) Shares Shorted: Short Interest Down 79.6% in October

YieldMax CVNA Option Income Strategy ETF (NYSEARCA:CVNY) was the target of a significant drop in short interest in October. As of October 15th, there was short interest totaling 3,406 shares, a drop of 79.6% from the September 30th total of 16,711 shares. Approximately 0.3% of the company’s stock are sold short. Based on an average trading volume of 23,645 shares, the short-interest ratio is presently 0.1 days.

YieldMax CVNA Option Income Strategy ETF Trading Down 1.4%

NYSEARCA:CVNY opened at $15.76 on Tuesday. The stock has a fifty day moving average price of $18.83 and a 200 day moving average price of $24.47. YieldMax CVNA Option Income Strategy ETF has a 12-month low of $15.63 and a 12-month high of $43.18.

YieldMax CVNA Option Income Strategy ETF Company Profile

The YieldMax CVNA Option Income Strategy ETF (CVNY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Carvana stock (CVNA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. CVNY was launched on Jan 29, 2025 and is issued by YieldMax.