YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sees Significant Drop in Short Interest

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw a significant decline in short interest during the month of December. As of December 15th, there was short interest totaling 923,821 shares, a decline of 81.7% from the November 30th total of 5,035,530 shares. Based on an average trading volume of 3,067,469 shares, the short-interest ratio is presently 0.3 days. Approximately 3.0% of the shares of the stock are short sold. Approximately 3.0% of the shares of the stock are short sold. Based on an average trading volume of 3,067,469 shares, the short-interest ratio is presently 0.3 days.

YieldMax TSLA Option Income Strategy ETF Stock Up 0.0%

NYSEARCA TSLY traded up $0.02 during trading hours on Thursday, reaching $40.71. 612,519 shares of the company’s stock were exchanged, compared to its average volume of 3,715,493. The firm has a fifty day moving average of $40.09 and a 200-day moving average of $40.60. YieldMax TSLA Option Income Strategy ETF has a one year low of $34.50 and a one year high of $86.85.

YieldMax TSLA Option Income Strategy ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, December 19th. Stockholders of record on Thursday, December 18th were issued a dividend of $0.969 per share. This represents a dividend yield of 5,425.0%. The ex-dividend date was Thursday, December 18th.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax TSLA Option Income Strategy ETF stock. OLD Mission Capital LLC acquired a new position in shares of YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 66,079 shares of the company’s stock, valued at approximately $544,000. OLD Mission Capital LLC owned about 0.06% of YieldMax TSLA Option Income Strategy ETF as of its most recent SEC filing.

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.