Short Interest in Madison Covered Call ETF (NYSEARCA:CVRD) Declines By 32.6%

Madison Covered Call ETF (NYSEARCA:CVRD) saw a significant drop in short interest in July. As of July 15th, there was short interest totaling 174 shares, a drop of 32.6% from the June 30th total of 258 shares. Based on an average trading volume of 3,018 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are sold short.

Madison Covered Call ETF Stock Up 0.7%

Shares of NYSEARCA CVRD opened at $18.33 on Friday. Madison Covered Call ETF has a fifty-two week low of $17.56 and a fifty-two week high of $22.40. The business has a 50 day moving average price of $18.19 and a two-hundred day moving average price of $18.42. The firm has a market cap of $30.61 million, a PE ratio of 18.76 and a beta of 0.57.

Madison Covered Call ETF Company Profile

The Madison Covered Call ETF (CVRD) is an exchange-traded fund that mostly invests in total market equity. The fund focuses on income generation by investing in US large- and mid-cap stocks that pay dividends, combined with an option writing strategy. The fund is actively managed CVRD was launched on Aug 22, 2023 and is issued by Madison.