TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY – Get Free Report) saw a large decline in short interest in the month of May. As of May 15th, there was short interest totaling 13,612 shares, a decline of 98.1% from the April 30th total of 716,162 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 330,098 shares, the days-to-cover ratio is currently 0.0 days.
TappAlpha SPY Growth & Daily Income ETF Stock Down 0.1%
TSPY traded down $0.02 during midday trading on Wednesday, hitting $25.97. The company’s stock had a trading volume of 178,720 shares, compared to its average volume of 292,037. The firm has a 50-day moving average price of $24.55 and a two-hundred day moving average price of $25.01. TappAlpha SPY Growth & Daily Income ETF has a 52-week low of $22.67 and a 52-week high of $26.67.
TappAlpha SPY Growth & Daily Income ETF Increases Dividend
The firm also recently declared a dividend, which was paid on Wednesday, May 6th. Shareholders of record on Tuesday, May 5th were issued a $0.2931 dividend. This is a positive change from TappAlpha SPY Growth & Daily Income ETF’s previous dividend of $0.28. The ex-dividend date was Tuesday, May 5th.
Institutional Trading of TappAlpha SPY Growth & Daily Income ETF
TappAlpha SPY Growth & Daily Income ETF Company Profile
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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