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

TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYGet 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

An institutional investor recently raised its position in TappAlpha SPY Growth & Daily Income ETF stock. Cloud Capital Management LLC raised its holdings in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) by 4.7% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,033 shares of the company’s stock after buying an additional 847 shares during the quarter. Cloud Capital Management LLC owned approximately 0.22% of TappAlpha SPY Growth & Daily Income ETF worth $485,000 at the end of the most recent quarter.

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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