TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Get Free Report) was the recipient of a significant decrease in short interest in June. As of June 30th, there was short interest totaling 88,835 shares, a decrease of 69.8% from the June 15th total of 294,412 shares. Based on an average trading volume of 239,895 shares, the days-to-cover ratio is presently 0.4 days. Approximately 0.7% of the company’s stock are short sold.
TappAlpha SPY Growth & Daily Income ETF Stock Up 0.7%
NASDAQ:TSPY traded up $0.18 during trading hours on Friday, hitting $25.63. 124,507 shares of the company were exchanged, compared to its average volume of 277,217. TappAlpha SPY Growth & Daily Income ETF has a 52-week low of $22.67 and a 52-week high of $26.67. The company’s 50 day moving average price is $25.53 and its 200-day moving average price is $25.06.
TappAlpha SPY Growth & Daily Income ETF Cuts Dividend
The business also recently disclosed a monthly dividend, which was paid on Wednesday, July 1st. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.2952 per share. This represents a c) annualized dividend and a dividend yield of 13.8%. The ex-dividend date was Tuesday, June 30th.
Institutional Investors Weigh In On TappAlpha SPY Growth & Daily Income ETF
TappAlpha SPY Growth & Daily Income ETF Company Profile
The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.
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