YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Up 19.5% in January

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) was the recipient of a significant increase in short interest in the month of January. As of January 30th, there was short interest totaling 1,752,790 shares, an increase of 19.5% from the January 15th total of 1,466,977 shares. Currently, 5.9% of the company’s shares are sold short. Based on an average daily volume of 914,136 shares, the days-to-cover ratio is presently 1.9 days. Based on an average daily volume of 914,136 shares, the days-to-cover ratio is presently 1.9 days. Currently, 5.9% of the company’s shares are sold short.

Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. FNY Investment Advisers LLC grew its position in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 821.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,640 shares of the company’s stock after buying an additional 24,640 shares during the quarter. FNY Investment Advisers LLC owned 0.09% of YieldMax TSLA Option Income Strategy ETF worth $1,037,000 as of its most recent filing with the Securities & Exchange Commission.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.3%

Shares of NYSEARCA TSLY traded up $0.09 during mid-day trading on Wednesday, hitting $33.40. The stock had a trading volume of 657,469 shares, compared to its average volume of 898,067. The business has a 50 day moving average price of $36.70 and a two-hundred day moving average price of $39.36. YieldMax TSLA Option Income Strategy ETF has a 1 year low of $31.83 and a 1 year high of $61.35.

YieldMax TSLA Option Income Strategy ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, February 13th. Investors of record on Thursday, February 12th were issued a dividend of $0.3183 per share. This represents a yield of 5,124.0%. The ex-dividend date was Thursday, February 12th.

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. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.