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

Kurv Yield Premium Strategy Apple (AAPL) ETF (BATS:AAPY) was the recipient of a significant decline in short interest in July. As of July 15th, there was short interest totaling 2,183 shares, a decline of 80.4% from the June 30th total of 11,118 shares. Approximately 1.2% of the company’s stock are short sold. Based on an average daily volume of 5,926 shares, the short-interest ratio is presently 0.4 days.

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

Shares of AAPY opened at $28.13 on Friday. Kurv Yield Premium Strategy Apple has a fifty-two week low of $21.07 and a fifty-two week high of $28.47. The firm’s 50 day moving average price is $26.32 and its 200 day moving average price is $24.41.

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.