YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Update

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw a significant decrease in short interest in February. As of February 27th, there was short interest totaling 1,718,854 shares, a decrease of 18.9% from the February 12th total of 2,119,961 shares. Approximately 5.8% of the shares of the stock are sold short. Based on an average daily volume of 851,195 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily volume of 851,195 shares, the days-to-cover ratio is currently 2.0 days. Approximately 5.8% of the shares of the stock are sold short.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. FNY Investment Advisers LLC lifted its position in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 821.3% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 27,640 shares of the company’s stock after purchasing an additional 24,640 shares during the period. FNY Investment Advisers LLC owned 0.09% of YieldMax TSLA Option Income Strategy ETF worth $1,037,000 at the end of the most recent quarter.

YieldMax TSLA Option Income Strategy ETF Price Performance

TSLY stock traded up $0.29 during trading on Tuesday, hitting $32.09. 371,439 shares of the company’s stock traded hands, compared to its average volume of 830,916. YieldMax TSLA Option Income Strategy ETF has a 52 week low of $30.84 and a 52 week high of $49.65. The business has a fifty day simple moving average of $34.13 and a 200 day simple moving average of $38.47.

YieldMax TSLA Option Income Strategy ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were given a dividend of $0.3183 per share. The ex-dividend date was Thursday, February 26th. This represents a yield of 4,984.0%.

YieldMax TSLA Option Income Strategy ETF Company Profile

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.