Short Interest in Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Decreases By 67.0%

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) saw a large decline in short interest in May. As of May 15th, there was short interest totaling 2,660 shares, a decline of 67.0% from the April 30th total of 8,057 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 24,748 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Kurv Yield Premium Strategy Tesla (TSLA) ETF

An institutional investor recently bought a new position in Kurv Yield Premium Strategy Tesla (TSLA) ETF stock. Jane Street Group LLC bought a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 12,189 shares of the company’s stock, valued at approximately $225,000. Jane Street Group LLC owned approximately 1.21% of Kurv Yield Premium Strategy Tesla (TSLA) ETF at the end of the most recent reporting period.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Down 1.5%

BATS:TSLP opened at $20.35 on Friday. The company has a fifty day moving average of $18.54 and a 200-day moving average of $21.16. The firm has a market capitalization of $23.00 million, a P/E ratio of 120.49 and a beta of 1.18. Kurv Yield Premium Strategy Tesla has a twelve month low of $15.88 and a twelve month high of $26.52.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Company Profile

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.