Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) Short Interest Down 57.0% in July

Kurv Yield Premium Strategy Microsoft (MSFT) ETF (BATS:MSFY) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 8,097 shares, a decrease of 57.0% from the July 15th total of 18,817 shares. Currently, 3.9% of the shares of the stock are short sold. Based on an average daily volume of 12,592 shares, the days-to-cover ratio is presently 0.6 days.

Kurv Yield Premium Strategy Microsoft (MSFT) ETF Stock Performance

MSFY opened at $20.24 on Friday. Kurv Yield Premium Strategy Microsoft has a 1-year low of $15.38 and a 1-year high of $28.10. The business has a 50 day moving average price of $17.78 and a two-hundred day moving average price of $18.51.

About Kurv Yield Premium Strategy Microsoft (MSFT) ETF

The Kurv Yield Premium Strategy Microsoft (MSFT) ETF (MSFY) is an exchange-traded fund that mostly invests in information technology equity. The fund seeks to provide current income and capped gains on the Microsoft stock (MSFT) 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. MSFY was launched on Oct 31, 2023 and is issued by Kurv.