Short Interest in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Decreases By 81.7%

by · The Cerbat Gem

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Get Free Report) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 923,821 shares, a decline of 81.7% from the November 30th total of 5,035,530 shares. Approximately 3.0% of the shares of the stock are sold short. Based on an average daily trading volume, of 3,067,469 shares, the days-to-cover ratio is currently 0.3 days. Based on an average daily trading volume, of 3,067,469 shares, the days-to-cover ratio is currently 0.3 days. Approximately 3.0% of the shares of the stock are sold short.

YieldMax TSLA Option Income Strategy ETF Trading Down 3.3%

Shares of NYSEARCA:TSLY traded down $1.33 during midday trading on Friday, hitting $39.38. 867,661 shares of the company’s stock were exchanged, compared to its average volume of 3,703,959. YieldMax TSLA Option Income Strategy ETF has a 12 month low of $34.50 and a 12 month high of $78.15. The stock has a 50 day moving average price of $40.03 and a 200-day moving average price of $40.58.

YieldMax TSLA Option Income Strategy ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Friday, December 19th. Investors of record on Thursday, December 18th were paid a $0.969 dividend. The ex-dividend date was Thursday, December 18th. This represents a yield of 5,425.0%.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax TSLA Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new position in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 66,079 shares of the company’s stock, valued at approximately $544,000. OLD Mission Capital LLC owned 0.06% of YieldMax TSLA Option Income Strategy ETF at the end of the most recent quarter.

About YieldMax TSLA Option Income Strategy ETF

(Get Free Report)

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.

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