Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Sees Significant Increase in Short Interest

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) was the recipient of a large growth in short interest in October. As of October 30th, there was short interest totaling 10,400 shares, a growth of 244.4% from the October 15th total of 3,020 shares. Based on an average daily volume of 3,387 shares, the days-to-cover ratio is presently 3.1 days. Currently, 5.8% of the shares of the stock are sold short.

Kurv Yield Premium Strategy Apple (AAPL) ETF Trading Down 0.0%

Shares of Kurv Yield Premium Strategy Apple (AAPL) ETF stock opened at $29.32 on Friday. Kurv Yield Premium Strategy Apple has a 12 month low of $21.25 and a 12 month high of $29.58. The business’s 50-day moving average price is $28.04 and its 200-day moving average price is $25.63.

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.