Short Interest in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Expands By 59.9%

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet Free Report) was the target of a significant increase in short interest during the month of February. As of February 27th, there was short interest totaling 84,459 shares, an increase of 59.9% from the February 12th total of 52,805 shares. Currently, 1.0% of the shares of the company are sold short. Based on an average daily trading volume, of 261,972 shares, the short-interest ratio is currently 0.3 days. Based on an average daily trading volume, of 261,972 shares, the short-interest ratio is currently 0.3 days. Currently, 1.0% of the shares of the company are sold short.

TappAlpha SPY Growth & Daily Income ETF Trading Down 0.5%

NASDAQ:TSPY opened at $23.79 on Friday. TappAlpha SPY Growth & Daily Income ETF has a 12 month low of $20.02 and a 12 month high of $26.67. The firm has a fifty day simple moving average of $25.15 and a 200-day simple moving average of $25.28.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Tuesday, March 3rd were paid a $0.30 dividend. The ex-dividend date was Tuesday, March 3rd. This represents a c) dividend on an annualized basis and a yield of 15.1%.

Institutional Trading of TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new stake in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

TappAlpha SPY Growth & Daily Income ETF Company Profile

(Get Free Report)

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.

Further Reading

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