TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Down 69.8% in June

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet 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

An institutional investor recently bought a new stake in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management purchased a new stake in shares of TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned about 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent filing with the 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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