Short Interest in Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) Grows By 276.5%

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) saw a large growth in short interest during the month of June. As of June 30th, there was short interest totaling 11,118 shares, a growth of 276.5% from the June 15th total of 2,953 shares. Currently, 6.2% of the shares of the stock are short sold. Based on an average daily volume of 5,810 shares, the days-to-cover ratio is currently 1.9 days.

Kurv Yield Premium Strategy Apple (AAPL) ETF Stock Performance

Shares of Kurv Yield Premium Strategy Apple (AAPL) ETF stock opened at $26.72 on Friday. Kurv Yield Premium Strategy Apple has a fifty-two week low of $21.07 and a fifty-two week high of $27.57. The company’s 50 day moving average price is $25.87 and its two-hundred day moving average price is $24.22.

Kurv Yield Premium Strategy Apple (AAPL) ETF Company Profile

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.