TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Update

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 33,051 shares, a drop of 62.8% from the June 30th total of 88,835 shares. Based on an average trading volume of 202,302 shares, the short-interest ratio is currently 0.2 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new stake 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) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned about 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent SEC filing.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

TappAlpha SPY Growth & Daily Income ETF stock opened at $25.10 on Monday. The company’s 50-day moving average is $25.50 and its 200-day moving average is $25.03. TappAlpha SPY Growth & Daily Income ETF has a fifty-two week low of $22.67 and a fifty-two week high of $26.67.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The firm also recently declared a monthly dividend, which was paid on Wednesday, July 1st. Investors of record on Tuesday, June 30th were issued a dividend of $0.2952 per share. The ex-dividend date was Tuesday, June 30th. This represents a c) dividend on an annualized basis and a yield of 14.1%.

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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