Short Interest in Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Grows By 192.3%

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 1,865 shares, an increase of 192.3% from the August 15th total of 638 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 7,977 shares, the days-to-cover ratio is currently 0.2 days.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Trading Down 1.8%

Shares of BATS TSLP opened at $14.70 on Tuesday. The firm has a market capitalization of $16.61 million, a PE ratio of 120.49 and a beta of 1.18. Kurv Yield Premium Strategy Tesla has a 1 year low of $12.92 and a 1 year high of $26.52. The firm’s 50-day moving average is $14.94 and its 200-day moving average is $17.37.

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.