Short Interest in Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) Increases By 86.9%

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) saw a large increase in short interest in June. As of June 30th, there was short interest totaling 8,519 shares, an increase of 86.9% from the June 15th total of 4,558 shares. Based on an average daily trading volume, of 13,073 shares, the days-to-cover ratio is currently 0.7 days. Currently, 0.8% of the shares of the stock are sold short.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Performance

BATS:TSLP opened at $17.37 on Thursday. The company has a 50-day moving average of $18.69 and a 200-day moving average of $19.78. The company has a market capitalization of $19.63 million, a price-to-earnings ratio of 120.49 and a beta of 1.18. Kurv Yield Premium Strategy Tesla has a 52 week low of $15.88 and a 52 week high of $26.52.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF stock. Jane Street Group LLC acquired a new stake in shares of Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 12,189 shares of the company’s stock, valued at approximately $225,000. Jane Street Group LLC owned approximately 1.21% of Kurv Yield Premium Strategy Tesla (TSLA) ETF at the end of the most recent quarter.

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.