GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Sees Significant Increase in Short Interest

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 1,453,149 shares, a growth of 58.1% from the February 26th total of 918,935 shares. Based on an average trading volume of 1,261,287 shares, the days-to-cover ratio is currently 1.2 days. Currently, 2.7% of the shares of the company are short sold.

GraniteShares Yieldboost TSLA ETF Price Performance

NASDAQ:TSYY opened at $3.45 on Friday. The stock’s 50 day simple moving average is $4.25 and its 200-day simple moving average is $5.98. GraniteShares Yieldboost TSLA ETF has a 12-month low of $3.43 and a 12-month high of $14.18.

GraniteShares Yieldboost TSLA ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, March 31st. Investors of record on Friday, March 27th will be given a $0.0551 dividend. The ex-dividend date is Friday, March 27th.

Hedge Funds Weigh In On GraniteShares Yieldboost TSLA ETF

A number of large investors have recently bought and sold shares of the company. Simplex Trading LLC acquired a new stake in shares of GraniteShares Yieldboost TSLA ETF in the 4th quarter worth $43,000. MGO One Seven LLC acquired a new position in shares of GraniteShares Yieldboost TSLA ETF during the fourth quarter worth about $61,000. Integrity Financial Corp WA purchased a new position in GraniteShares Yieldboost TSLA ETF during the third quarter worth about $98,000. Keyes Stange & Wooten Wealth Management LLC purchased a new position in GraniteShares Yieldboost TSLA ETF during the fourth quarter worth about $96,000. Finally, StoneX Group Inc. purchased a new position in shares of GraniteShares Yieldboost TSLA ETF during the 4th quarter worth approximately $100,000.

About GraniteShares Yieldboost TSLA ETF

The GraniteShares YieldBOOST TSLA ETF (TSYY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed seeking current income and the daily 2x leverage of the price performance of Tesla Inc (TSLA). The fund sells put options to generate income and holds other ETFs that pursue the leveraged exposure to TSLA. TSYY was launched on Dec 18, 2024 and is issued by GraniteShares.