YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY – Get Free Report) was the recipient of a large growth in short interest during the month of February. As of February 13th, there was short interest totaling 2,119,961 shares, a growth of 20.9% from the January 29th total of 1,752,790 shares. Currently, 7.1% of the company’s stock are sold short. Based on an average trading volume of 943,381 shares, the days-to-cover ratio is presently 2.2 days. Based on an average trading volume of 943,381 shares, the days-to-cover ratio is presently 2.2 days. Currently, 7.1% of the company’s stock are sold short.
YieldMax TSLA Option Income Strategy ETF Trading Down 2.3%
NYSEARCA TSLY opened at $31.74 on Wednesday. The company has a fifty day moving average price of $35.27 and a 200-day moving average price of $38.93. YieldMax TSLA Option Income Strategy ETF has a 1 year low of $31.17 and a 1 year high of $49.65.
YieldMax TSLA Option Income Strategy ETF Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were paid a $0.3183 dividend. The ex-dividend date was Thursday, February 26th. This represents a yield of 4,984.0%.
Hedge Funds Weigh In On YieldMax TSLA Option Income Strategy ETF
About YieldMax TSLA Option Income Strategy ETF
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.
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