TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Update

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet Free Report) saw a significant drop in short interest in the month of July. As of July 15th, there was short interest totaling 33,051 shares, a drop of 62.8% from the June 30th total of 88,835 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 202,302 shares, the short-interest ratio is presently 0.2 days.

TappAlpha SPY Growth & Daily Income ETF Price Performance

NASDAQ:TSPY opened at $25.10 on Monday. The stock has a 50 day simple moving average of $25.50 and a 200 day simple moving average of $25.03. TappAlpha SPY Growth & Daily Income ETF has a 1-year low of $22.67 and a 1-year high of $26.67.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, July 1st. Shareholders of record on Tuesday, June 30th were given a dividend of $0.2952 per share. The ex-dividend date was Tuesday, June 30th. This represents a c) annualized dividend and a yield of 14.1%.

Institutional Investors Weigh In On TappAlpha SPY Growth & Daily Income ETF

A hedge fund recently bought a new position in TappAlpha SPY Growth & Daily Income ETF stock. Triumph Capital Management bought a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

TappAlpha SPY Growth & Daily Income ETF Company Profile

(Get Free Report)

The TappAlpha SPY Growth & Daily Income ETF (TSPY) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed, aiming to provide a balanced approached to growth and income from US large-cap equities. The fund holds long exposure to the S&P 500 Index and writes daily out-of-the-money calls, using 0DTE options. TSPY was launched on Aug 14, 2024 and is issued by TappAlpha.

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