Madison Covered Call ETF (NYSEARCA:CVRD) Sees Significant Decrease in Short Interest

Madison Covered Call ETF (NYSEARCA:CVRD) saw a large decrease in short interest in the month of July. As of July 15th, there was short interest totaling 174 shares, a decrease of 32.6% from the June 30th total of 258 shares. Based on an average daily volume of 3,018 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.0% of the company’s stock are sold short.

Madison Covered Call ETF Stock Up 0.7%

Madison Covered Call ETF stock traded up $0.13 during mid-day trading on Friday, hitting $18.33. The company had a trading volume of 13 shares, compared to its average volume of 2,070. Madison Covered Call ETF has a 1 year low of $17.56 and a 1 year high of $22.40. The business has a fifty day moving average of $18.19 and a 200 day moving average of $18.42. The stock has a market cap of $31.71 million, a price-to-earnings ratio of 18.76 and a beta of 0.57.

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.