Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) Sees Large Increase in Short Interest

Kurv Yield Premium Strategy Netflix (NFLX) ETF (BATS:NFLP) saw a significant increase in short interest in June. As of June 30th, there was short interest totaling 2,735 shares, an increase of 1,309.8% from the June 15th total of 194 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average daily volume of 5,757 shares, the days-to-cover ratio is currently 0.5 days.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Stock Performance

Shares of Kurv Yield Premium Strategy Netflix (NFLX) ETF stock traded down $0.61 during trading hours on Friday, reaching $18.13. The company’s stock had a trading volume of 3,723 shares, compared to its average volume of 6,566. The firm has a 50 day moving average price of $20.99 and a 200-day moving average price of $24.02. Kurv Yield Premium Strategy Netflix has a one year low of $17.47 and a one year high of $40.40.

Kurv Yield Premium Strategy Netflix (NFLX) ETF Company Profile

The Kurv Yield Premium Strategy Netflix (NFLX) ETF (NFLP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Netflix stock (NFLX) 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. NFLP was launched on Oct 27, 2023 and is issued by Kurv.