YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Update

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw a significant decline in short interest in the month of August. As of August 15th, there was short interest totaling 14,780,000 shares, a decline of 21.8% from the July 31st total of 18,900,000 shares. Based on an average trading volume of 26,523,200 shares, the days-to-cover ratio is currently 0.6 days. Based on an average trading volume of 26,523,200 shares, the days-to-cover ratio is currently 0.6 days.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.3%

Shares of NYSEARCA TSLY opened at $7.70 on Thursday. The firm’s 50 day simple moving average is $7.81 and its 200-day simple moving average is $8.29. YieldMax TSLA Option Income Strategy ETF has a 12 month low of $6.90 and a 12 month high of $18.22.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in TSLY. ORG Wealth Partners LLC acquired a new position in shares of YieldMax TSLA Option Income Strategy ETF in the first quarter worth about $27,000. Cambridge Investment Research Advisors Inc. increased its stake in shares of YieldMax TSLA Option Income Strategy ETF by 25.4% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 35,311 shares of the company’s stock valued at $291,000 after purchasing an additional 7,154 shares in the last quarter. Captrust Financial Advisors raised its holdings in YieldMax TSLA Option Income Strategy ETF by 93.6% in the 2nd quarter. Captrust Financial Advisors now owns 19,899 shares of the company’s stock worth $163,000 after purchasing an additional 9,619 shares during the period. Sunbelt Securities Inc. boosted its position in YieldMax TSLA Option Income Strategy ETF by 7.0% during the fourth quarter. Sunbelt Securities Inc. now owns 219,734 shares of the company’s stock worth $3,237,000 after purchasing an additional 14,394 shares in the last quarter. Finally, OLD Mission Capital LLC acquired a new stake in YieldMax TSLA Option Income Strategy ETF in the first quarter valued at approximately $544,000.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund seeks to provide current income and capped gains on the Tesla stock (TSLA) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options.