YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Up 20.9% in February

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYGet 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

A hedge fund recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. Captrust Financial Advisors lifted its holdings in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLYFree Report) by 93.6% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 19,899 shares of the company’s stock after buying an additional 9,619 shares during the period. Captrust Financial Advisors’ holdings in YieldMax TSLA Option Income Strategy ETF were worth $163,000 at the end of the most recent reporting period.

About YieldMax TSLA Option Income Strategy ETF

(Get Free Report)

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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