Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Sees Significant Decrease in Short Interest

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) was the recipient of a significant decrease in short interest in 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. Based on an average daily volume of 13,414 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.6% of the shares of the company are sold short.

Kurv Yield Premium Strategy Google (GOOGL) ETF Price Performance

BATS:GOOP opened at $37.11 on Friday. Kurv Yield Premium Strategy Google has a 12 month low of $27.51 and a 12 month high of $48.23. The company’s 50 day moving average is $40.83 and its 200-day moving average is $39.69.

About Kurv Yield Premium Strategy Google (GOOGL) ETF

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.