Short Interest in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Increases By 47.3%

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet Free Report) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 74,647 shares, an increase of 47.3% from the November 30th total of 50,676 shares. Approximately 1.6% of the shares of the stock are short sold. Based on an average daily volume of 122,391 shares, the days-to-cover ratio is currently 0.6 days. Based on an average daily volume of 122,391 shares, the days-to-cover ratio is currently 0.6 days. Approximately 1.6% of the shares of the stock are short sold.

TappAlpha SPY Growth & Daily Income ETF Stock Down 0.1%

Shares of TSPY stock opened at $25.67 on Wednesday. The stock has a 50-day simple moving average of $25.47 and a 200 day simple moving average of $25.04. TappAlpha SPY Growth & Daily Income ETF has a fifty-two week low of $20.02 and a fifty-two week high of $26.67.

TappAlpha SPY Growth & Daily Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 5th. Stockholders of record on Tuesday, November 4th were given a $0.3031 dividend. This represents a c) annualized dividend and a dividend yield of 14.2%. This is a boost from TappAlpha SPY Growth & Daily Income ETF’s previous monthly dividend of $0.30. The ex-dividend date of this dividend was Tuesday, November 4th.

Institutional Investors Weigh In On TappAlpha SPY Growth & Daily Income ETF

An institutional investor recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) during the third quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned approximately 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent filing with the SEC.

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.

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