YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Up 54.2% in December

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) was the recipient of a large increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,424,471 shares, an increase of 54.2% from the December 15th total of 923,821 shares. Based on an average daily trading volume, of 1,002,614 shares, the short-interest ratio is currently 1.4 days. Approximately 4.8% of the shares of the company are sold short. Approximately 4.8% of the shares of the company are sold short. Based on an average daily trading volume, of 1,002,614 shares, the short-interest ratio is currently 1.4 days.

YieldMax TSLA Option Income Strategy ETF Stock Performance

TSLY traded up $0.01 during trading on Friday, hitting $36.06. The stock had a trading volume of 629,356 shares, compared to its average volume of 839,834. YieldMax TSLA Option Income Strategy ETF has a twelve month low of $34.50 and a twelve month high of $74.20. The company’s 50-day moving average price is $38.42 and its 200 day moving average price is $40.05.

YieldMax TSLA Option Income Strategy ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, January 16th. Stockholders of record on Thursday, January 15th were paid a dividend of $0.3183 per share. This represents a dividend yield of 5,041.0%. The ex-dividend date was Thursday, January 15th.

Institutional Investors Weigh In On YieldMax TSLA Option Income Strategy ETF

A hedge fund recently raised its stake in YieldMax TSLA Option Income Strategy ETF stock. FNY Investment Advisers LLC raised its holdings in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 821.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,640 shares of the company’s stock after purchasing an additional 24,640 shares during the quarter. FNY Investment Advisers LLC owned 0.09% of YieldMax TSLA Option Income Strategy ETF worth $1,037,000 as of its most recent filing with the Securities and Exchange Commission.

YieldMax TSLA Option Income Strategy ETF Company Profile

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.