GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Short Interest Down 93.4% in August

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) was the recipient of a significant drop in short interest in August. As of August 31st, there was short interest totaling 14,693 shares, a drop of 93.4% from the August 15th total of 223,043 shares. Based on an average daily trading volume, of 22,728 shares, the short-interest ratio is presently 0.6 days. Currently, 0.5% of the company’s stock are sold short.

Hedge Funds Weigh In On GraniteShares Yieldboost TSLA ETF

Institutional investors and hedge funds have recently made changes to their positions in the business. Simplex Trading LLC bought a new stake in GraniteShares Yieldboost TSLA ETF in the fourth quarter worth $43,000. MGO One Seven LLC purchased a new stake in GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at about $61,000. Keyes Stange & Wooten Wealth Management LLC bought a new position in shares of GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at about $96,000. StoneX Group Inc. bought a new position in shares of GraniteShares Yieldboost TSLA ETF during the fourth quarter valued at about $100,000. Finally, HRT Financial LP grew its stake in shares of GraniteShares Yieldboost TSLA ETF by 119.1% during the fourth quarter. HRT Financial LP now owns 24,686 shares of the company’s stock valued at $137,000 after buying an additional 13,418 shares during the last quarter.

GraniteShares Yieldboost TSLA ETF Trading Down 0.3%

TSYY stock opened at $20.32 on Friday. GraniteShares Yieldboost TSLA ETF has a 52-week low of $19.90 and a 52-week high of $70.08. The business has a 50-day simple moving average of $20.84 and a two-hundred day simple moving average of $24.59.

GraniteShares Yieldboost TSLA ETF Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Friday, September 11th will be paid a $0.1716 dividend. The ex-dividend date of this dividend is Friday, September 11th. This represents a dividend yield of 4,391.0%.

About GraniteShares Yieldboost TSLA ETF

The GraniteShares YieldBOOST TSLA ETF (TSYY) is an exchange-traded fund that mostly invests in consumer discretionary equity. The fund is actively managed seeking current income and the daily 2x leverage of the price performance of Tesla Inc (TSLA). The fund sells put options to generate income and holds other ETFs that pursue the leveraged exposure to TSLA. TSYY was launched on Dec 18, 2024 and is issued by GraniteShares.