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

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

Kurv Yield Premium Strategy Tesla (TSLA) ETF Trading Down 4.6%

Shares of Kurv Yield Premium Strategy Tesla (TSLA) ETF stock opened at $14.64 on Tuesday. The company’s fifty day simple moving average is $14.49 and its two-hundred day simple moving average is $17.01. The company has a market cap of $16.54 million, a P/E ratio of 120.49 and a beta of 1.18. Kurv Yield Premium Strategy Tesla has a 12-month low of $12.92 and a 12-month high of $26.52.

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.