TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Update

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) was the target of a significant drop in short interest in July. As of July 15th, there was short interest totaling 33,051 shares, a drop of 62.8% from the June 30th total of 88,835 shares. Based on an average daily volume of 202,302 shares, the short-interest ratio is currently 0.2 days. Approximately 0.3% of the company’s stock are sold short.

TappAlpha SPY Growth & Daily Income ETF Trading Down 0.0%

Shares of TSPY opened at $25.10 on Tuesday. TappAlpha SPY Growth & Daily Income ETF has a 12 month low of $22.67 and a 12 month high of $26.67. The business’s fifty day simple moving average is $25.50 and its two-hundred day simple moving average is $25.03.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were given a dividend of $0.2952 per share. This represents a c) annualized dividend and a yield of 14.1%. The ex-dividend date was Tuesday, June 30th.

Institutional Trading of TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management acquired a new stake in shares of TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 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 SEC filing.

TappAlpha SPY Growth & Daily Income ETF Company Profile

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.