GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Short Interest Down 88.2% in June

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) was the recipient of a large decrease in short interest in June. As of June 15th, there was short interest totaling 240,875 shares, a decrease of 88.2% from the May 31st total of 2,033,593 shares. Based on an average daily trading volume, of 124,392 shares, the days-to-cover ratio is currently 1.9 days. Currently, 4.8% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Simplex Trading LLC acquired a new stake in shares of GraniteShares Yieldboost TSLA ETF during the 4th quarter worth about $43,000. MGO One Seven LLC acquired a new position in shares of GraniteShares Yieldboost TSLA ETF in the fourth quarter valued at approximately $61,000. Keyes Stange & Wooten Wealth Management LLC acquired a new position in shares of GraniteShares Yieldboost TSLA ETF in the fourth quarter valued at approximately $96,000. StoneX Group Inc. purchased a new position in shares of GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at approximately $100,000. Finally, HRT Financial LP boosted its position in GraniteShares Yieldboost TSLA ETF by 119.1% during the fourth quarter. HRT Financial LP now owns 24,686 shares of the company’s stock worth $137,000 after acquiring an additional 13,418 shares during the last quarter.

GraniteShares Yieldboost TSLA ETF Trading Down 0.8%

Shares of NASDAQ:TSYY opened at $22.61 on Friday. The business’s fifty day moving average price is $24.66 and its two-hundred day moving average price is $32.67. GraniteShares Yieldboost TSLA ETF has a one year low of $20.28 and a one year high of $83.36.

GraniteShares Yieldboost TSLA ETF Cuts Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Friday, June 26th will be given a $0.2135 dividend. The ex-dividend date is Friday, June 26th.

About GraniteShares Yieldboost TSLA ETF

The GraniteShares YieldBOOST TSLA ETF (TSYY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed seeking current income and the daily 2x leverage of the price performance of Tesla Inc (TSLA). The fund sells put options to generate income and holds other ETFs that pursue the leveraged exposure to TSLA. TSYY was launched on Dec 18, 2024 and is issued by GraniteShares.