Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Sees Significant Decline in Short Interest

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) was the target of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 638 shares, a decrease of 94.8% from the July 30th total of 12,163 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 13,136 shares, the short-interest ratio is presently 0.0 days.

Hedge Funds Weigh In On Kurv Yield Premium Strategy Tesla (TSLA) ETF

A hedge fund recently bought a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF stock. Jane Street Group LLC acquired a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 12,189 shares of the company’s stock, valued at approximately $225,000. Jane Street Group LLC owned approximately 1.21% of Kurv Yield Premium Strategy Tesla (TSLA) ETF at the end of the most recent reporting period.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Up 0.1%

Shares of TSLP stock traded up $0.02 during mid-day trading on Tuesday, hitting $14.55. 8,670 shares of the stock were exchanged, compared to its average volume of 17,875. The firm has a fifty day moving average of $15.90 and a 200 day moving average of $18.03. 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 market cap of $16.44 million, a PE ratio of 120.49 and a beta of 1.18.

About Kurv Yield Premium Strategy Tesla (TSLA) ETF

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.