Short Interest in YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) Rises By 199.5%

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCOGet Free Report) saw a large increase in short interest in July. As of July 31st, there was short interest totaling 15,482 shares, an increase of 199.5% from the July 15th total of 5,170 shares. Based on an average trading volume of 42,293 shares, the days-to-cover ratio is currently 0.4 days. Currently, 1.1% of the company’s stock are short sold.

YieldMax CRCL Option Income Strategy ETF Price Performance

Shares of NYSEARCA CRCO traded down $0.47 during mid-day trading on Friday, reaching $13.17. The company had a trading volume of 44,060 shares, compared to its average volume of 80,196. The firm has a market capitalization of $19.10 million, a price-to-earnings ratio of -0.13 and a beta of -6.03. YieldMax CRCL Option Income Strategy ETF has a 12-month low of $11.70 and a 12-month high of $57.31.

YieldMax CRCL Option Income Strategy ETF (NYSEARCA:CRCO) is an exchange-traded fund designed to pursue an options-based income strategy tied to the performance of Circle Internet Group, Inc The fund seeks to generate current income, with a secondary goal of providing exposure to the price movements of its underlying reference asset through a rules-based strategy.

As an actively managed ETF, CRCO primarily uses options contracts rather than directly investing in a broad portfolio of operating businesses.

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