Short Interest in Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Drops By 52.2%

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) was the target of a large decline in short interest in August. As of August 31st, there was short interest totaling 3,352 shares, a decline of 52.2% from the August 15th total of 7,010 shares. Based on an average daily volume of 11,262 shares, the short-interest ratio is currently 0.3 days. Currently, 1.0% of the company’s stock are sold short.

Kurv Yield Premium Strategy Google (GOOGL) ETF Trading Down 1.4%

Shares of GOOP opened at $36.26 on Wednesday. The stock has a 50 day simple moving average of $37.40 and a 200 day simple moving average of $39.07. Kurv Yield Premium Strategy Google has a 52-week low of $31.37 and a 52-week high of $48.23.

Kurv Yield Premium Strategy Google (GOOGL) ETF Company Profile

The Kurv Yield Premium Strategy Google (GOOGL) ETF (GOOP) is an exchange-traded fund that mostly invests in communication services equity. The fund seeks to provide current income and capped gains on the Google stock (GOOGL) 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. GOOP was launched on Oct 31, 2023 and is issued by Kurv.