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

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 63,500 shares, an increase of 200.9% from the August 31st total of 21,100 shares. Based on an average trading volume of 86,600 shares, the days-to-cover ratio is currently 0.7 days. Based on an average trading volume of 86,600 shares, the days-to-cover ratio is currently 0.7 days.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

NASDAQ:TSPY opened at $25.67 on Friday. The stock’s 50 day moving average price is $24.95 and its 200 day moving average price is $23.83. TappAlpha SPY Growth & Daily Income ETF has a 52-week low of $20.02 and a 52-week high of $26.96.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Cloud Capital Management LLC acquired a new position in shares of TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) in the first quarter, according to its most recent disclosure with the SEC. The firm acquired 4,286 shares of the company’s stock, valued at approximately $100,000. Cloud Capital Management LLC owned 0.40% of TappAlpha SPY Growth & Daily Income ETF at the end of the most recent quarter.

TappAlpha SPY Growth & Daily Income ETF Company Profile

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.