Short Interest in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Rises By 57.7%

Posted by Andrew Walz on Sep 17th, 2026

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Get Free Report) saw a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 250,293 shares, a growth of 57.7% from the August 15th total of 158,694 shares. Based on an average daily volume of 203,260 shares, the days-to-cover ratio is currently 1.2 days. Approximately 2.1% of the company’s shares are sold short.

Hedge Funds Weigh In On TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Compass Financial Management LLC bought a new position in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 5,000 shares of the company’s stock, valued at approximately $142,000.

TappAlpha SPY Growth & Daily Income ETF Stock Up 1.0%

NASDAQ TSPY traded up $0.25 during trading on Thursday, hitting $25.23. The stock had a trading volume of 92,655 shares, compared to its average volume of 259,293. TappAlpha SPY Growth & Daily Income ETF has a one year low of $22.67 and a one year high of $26.67. The stock has a 50 day simple moving average of $25.47 and a 200 day simple moving average of $25.08.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Tuesday, September 1st were issued a $0.2954 dividend. This represents a c) annualized dividend and a dividend yield of 14.0%. The ex-dividend date was Tuesday, September 1st.

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.