Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) Sees Significant Growth in Short Interest

Kurv Yield Premium Strategy Amazon (AMZN) ETF (BATS:AMZP) was the recipient of a large increase in short interest during the month of October. As of October 30th, there was short interest totaling 9,929 shares, an increase of 662.6% from the October 15th total of 1,302 shares. Based on an average daily volume of 11,969 shares, the days-to-cover ratio is presently 0.8 days. Approximately 2.2% of the shares of the company are short sold.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Stock Down 1.9%

Shares of AMZP stock opened at $25.97 on Thursday. Kurv Yield Premium Strategy Amazon has a 52 week low of $22.11 and a 52 week high of $31.46. The firm’s 50-day simple moving average is $25.38 and its two-hundred day simple moving average is $26.21.

Kurv Yield Premium Strategy Amazon (AMZN) ETF Company Profile

The Kurv Yield Premium Strategy Amazon (AMZN) ETF (AMZP) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Amazon stock (AMZN) 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 AMZP was launched on Oct 31, 2023 and is issued by Kurv.