TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Up 19.7% in February

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet Free Report) saw a significant increase in short interest in the month of February. As of February 13th, there was short interest totaling 52,805 shares, an increase of 19.7% from the January 29th total of 44,118 shares. Based on an average trading volume of 365,810 shares, the short-interest ratio is presently 0.1 days. Approximately 0.6% of the shares of the company are short sold. Approximately 0.6% of the shares of the company are short sold. Based on an average trading volume of 365,810 shares, the short-interest ratio is presently 0.1 days.

Hedge Funds Weigh In On TappAlpha SPY Growth & Daily Income ETF

An institutional investor recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Cloud Capital Management LLC acquired a new position in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 18,186 shares of the company’s stock, valued at approximately $464,000. Cloud Capital Management LLC owned 0.39% of TappAlpha SPY Growth & Daily Income ETF as of its most recent SEC filing.

TappAlpha SPY Growth & Daily Income ETF Price Performance

Shares of NASDAQ TSPY opened at $24.77 on Thursday. TappAlpha SPY Growth & Daily Income ETF has a 12-month low of $20.02 and a 12-month high of $26.67. The stock’s 50 day simple moving average is $25.35 and its 200 day simple moving average is $25.31.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Tuesday, March 3rd were paid a $0.30 dividend. This represents a c) dividend on an annualized basis and a yield of 14.5%. The ex-dividend date was Tuesday, March 3rd.

About TappAlpha SPY Growth & Daily Income ETF

(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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