YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Short Interest Update

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) was the recipient of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 5,170 shares, a decline of 50.5% from the June 30th total of 10,438 shares. Based on an average trading volume of 56,066 shares, the short-interest ratio is presently 0.1 days. Currently, 0.4% of the company’s shares are sold short.

YieldMax CRCL Option Income Strategy ETF Stock Performance

Shares of YieldMax CRCL Option Income Strategy ETF stock traded up $0.03 on Tuesday, hitting $12.95. 15,768 shares of the company’s stock traded hands, compared to its average volume of 82,039. The stock has a market capitalization of $18.39 million, a price-to-earnings ratio of -0.13 and a beta of 5.48. YieldMax CRCL Option Income Strategy ETF has a one year low of $12.12 and a one year high of $57.31.

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) is an exchange-traded fund designed to pursue an options-based income strategy tied to the performance of Circle Internet Group, Inc The fund seeks to generate current income, with a secondary goal of providing exposure to the price movements of its underlying reference asset through a rules-based strategy.

As an actively managed ETF, CRCO primarily uses options contracts rather than directly investing in a broad portfolio of operating businesses.