Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Stock Short Interest Climbs 164.7%

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) was the target of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 4,936 shares, an increase of 164.7% from the August 31st total of 1,865 shares. Based on an average daily volume of 7,480 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.4% of the company’s stock are short sold.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Performance

Shares of TSLP stock opened at $15.34 on Monday. Kurv Yield Premium Strategy Tesla has a 52-week low of $12.92 and a 52-week high of $26.52. The company has a 50-day simple moving average of $14.52 and a two-hundred day simple moving average of $17.05. The company has a market capitalization of $17.33 million, a price-to-earnings ratio of 120.49 and a beta of 1.18.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Company Profile

The Kurv Yield Premium Strategy Tesla (TSLA) ETF (TSLP) 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 short-term fixed-income instruments. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLP was launched on Oct 27, 2023 and is issued by Kurv.