GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Short Interest Update

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 14,693 shares, a drop of 93.4% from the August 15th total of 223,043 shares. Based on an average daily volume of 22,728 shares, the short-interest ratio is presently 0.6 days. Approximately 0.5% of the shares of the stock are short sold.

Hedge Funds Weigh In On GraniteShares Yieldboost TSLA ETF

Several hedge funds and other institutional investors have recently modified their holdings of the company. Simplex Trading LLC bought a new position in GraniteShares Yieldboost TSLA ETF in the 4th quarter worth $43,000. MGO One Seven LLC purchased a new stake in GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at $61,000. Keyes Stange & Wooten Wealth Management LLC purchased a new position in shares of GraniteShares Yieldboost TSLA ETF in the fourth quarter worth approximately $96,000. StoneX Group Inc. purchased a new position in GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at $100,000. Finally, HRT Financial LP increased its holdings in GraniteShares Yieldboost TSLA ETF by 119.1% in the 4th quarter. HRT Financial LP now owns 24,686 shares of the company’s stock worth $137,000 after acquiring an additional 13,418 shares in the last quarter.

GraniteShares Yieldboost TSLA ETF Trading Down 0.4%

NASDAQ TSYY traded down $0.09 during trading hours on Friday, reaching $20.30. 7,393 shares of the stock traded hands, compared to its average volume of 123,267. The stock has a 50 day simple moving average of $20.88 and a two-hundred day simple moving average of $24.68. GraniteShares Yieldboost TSLA ETF has a 1 year low of $19.90 and a 1 year high of $70.08.

GraniteShares Yieldboost TSLA ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 11th will be issued a $0.1716 dividend. The ex-dividend date is Friday, September 11th. This represents a dividend yield of 4,395.0%.

About GraniteShares Yieldboost TSLA ETF

The GraniteShares YieldBOOST TSLA ETF (TSYY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed seeking current income and the daily 2x leverage of the price performance of Tesla Inc (TSLA). The fund sells put options to generate income and holds other ETFs that pursue the leveraged exposure to TSLA. TSYY was launched on Dec 18, 2024 and is issued by GraniteShares.