TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Sees Large Decline in Short Interest

Posted by Scott Moore on Jul 13th, 2026

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Get Free Report) saw a large decline in short interest in the month of June. As of June 30th, there was short interest totaling 88,835 shares, a decline of 69.8% from the June 15th total of 294,412 shares. Currently, 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 239,895 shares, the days-to-cover ratio is presently 0.4 days.

TappAlpha SPY Growth & Daily Income ETF Stock Down 0.7%

Shares of TSPY stock traded down $0.19 during mid-day trading on Monday, hitting $25.44. The stock had a trading volume of 126,337 shares, compared to its average volume of 276,005. TappAlpha SPY Growth & Daily Income ETF has a fifty-two week low of $22.67 and a fifty-two week high of $26.67. The company’s 50-day simple moving average is $25.53 and its 200-day simple moving average is $25.05.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.2952 per share. This represents a c) annualized dividend and a yield of 13.9%. The ex-dividend date of this dividend was Tuesday, June 30th.

Institutional Investors Weigh In On TappAlpha SPY Growth & Daily Income ETF

An institutional investor recently raised its stake in TappAlpha SPY Growth & Daily Income ETF stock. Cloud Capital Management LLC grew its holdings in shares of TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Free Report) by 4.7% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,033 shares of the company’s stock after purchasing an additional 847 shares during the period. Cloud Capital Management LLC owned approximately 0.22% of TappAlpha SPY Growth & Daily Income ETF worth $485,000 at the end of the most recent reporting period.

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.