Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Short Interest Update

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) was the recipient of a large increase in short interest in the month of June. As of June 15th, there was short interest totaling 2,953 shares, an increase of 377.8% from the May 31st total of 618 shares. Based on an average daily volume of 5,868 shares, the short-interest ratio is presently 0.5 days. Approximately 1.6% of the company’s shares are sold short.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Up 4.0%

Shares of AAPY opened at $24.27 on Friday. Kurv Yield Premium Strategy Apple has a 1-year low of $20.92 and a 1-year high of $27.57. The firm’s 50-day moving average price is $25.36 and its 200-day moving average price is $24.18.

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.