Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Grows By 363.8%

Madison Covered Call ETF (NYSEARCA:CVRD) was the target of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 487 shares, a growth of 363.8% from the February 12th total of 105 shares. Based on an average trading volume of 123 shares, the short-interest ratio is currently 4.0 days. Currently, 0.0% of the company’s stock are sold short. Currently, 0.0% of the company’s stock are sold short. Based on an average trading volume of 123 shares, the short-interest ratio is currently 4.0 days.

Madison Covered Call ETF Stock Down 0.4%

Shares of CVRD traded down $0.07 during trading hours on Tuesday, reaching $18.46. 7 shares of the company traded hands, compared to its average volume of 937. The stock has a market capitalization of $36.18 million, a P/E ratio of 18.76 and a beta of 0.60. Madison Covered Call ETF has a 12-month low of $15.61 and a 12-month high of $22.40. The business has a fifty day moving average price of $18.74 and a 200-day moving average price of $18.71.

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.