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

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 13,612 shares, a decline of 98.1% from the April 30th total of 716,162 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 330,098 shares, the days-to-cover ratio is currently 0.0 days.

Hedge Funds Weigh In On TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new stake in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned approximately 1.36% of TappAlpha SPY Growth & Daily Income ETF at the end of the most recent reporting period.

TappAlpha SPY Growth & Daily Income ETF Stock Down 0.1%

TSPY traded down $0.02 during midday trading on Wednesday, hitting $25.97. The company’s stock had a trading volume of 178,720 shares, compared to its average volume of 292,037. The firm has a 50-day moving average price of $24.55 and a two-hundred day moving average price of $25.01. TappAlpha SPY Growth & Daily Income ETF has a 52-week low of $22.67 and a 52-week high of $26.67.

TappAlpha SPY Growth & Daily Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, May 6th. Stockholders of record on Tuesday, May 5th were paid a $0.2931 dividend. The ex-dividend date of this dividend was Tuesday, May 5th. This is an increase from TappAlpha SPY Growth & Daily Income ETF’s previous dividend of $0.28.

About TappAlpha SPY Growth & Daily Income ETF

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. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.