Short Interest in Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Drops By 80.4%

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) was the recipient of a large decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,183 shares, a decline of 80.4% from the June 30th total of 11,118 shares. Currently, 1.2% of the company’s shares are sold short. Based on an average trading volume of 5,926 shares, the days-to-cover ratio is presently 0.4 days.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Performance

Kurv Yield Premium Strategy Apple (AAPL) ETF stock opened at $28.13 on Friday. Kurv Yield Premium Strategy Apple has a 12-month low of $21.07 and a 12-month high of $28.47. The company has a 50-day moving average price of $26.32 and a 200 day moving average price of $24.41.

About Kurv Yield Premium Strategy Apple (AAPL) ETF

The Kurv Yield Premium Strategy Apple (AAPL) ETF (AAPY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Apple stock (AAPL) 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. AAPY was launched on Oct 27, 2023 and is issued by Kurv.