Short Interest in Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) Increases By 76.8%

Kurv Yield Premium Strategy Google (GOOGL) ETF (BATS:GOOP) was the target of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 7,010 shares, a growth of 76.8% from the July 30th total of 3,965 shares. Based on an average daily volume of 14,534 shares, the days-to-cover ratio is presently 0.5 days. Approximately 2.1% of the company’s stock are sold short.

Kurv Yield Premium Strategy Google (GOOGL) ETF Stock Down 2.3%

Shares of BATS GOOP opened at $35.68 on Tuesday. The company has a fifty day moving average price of $38.43 and a 200 day moving average price of $39.17. Kurv Yield Premium Strategy Google has a 1-year low of $29.95 and a 1-year 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.