TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPY) Short Interest Down 62.8% in July

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

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 acquired a new stake in TappAlpha SPY Growth & Daily Income ETF (NASDAQ:TSPYFree Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 64,312 shares of the company’s stock, valued at approximately $1,646,000. Triumph Capital Management owned about 1.36% of TappAlpha SPY Growth & Daily Income ETF as of its most recent filing with the SEC.

TappAlpha SPY Growth & Daily Income ETF Stock Performance

Shares of TSPY stock opened at $25.35 on Wednesday. TappAlpha SPY Growth & Daily Income ETF has a 52 week low of $22.67 and a 52 week high of $26.67. The stock’s fifty day moving average is $25.49 and its 200-day moving average is $25.03.

TappAlpha SPY Growth & Daily Income ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, July 1st. Investors 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 14.0%.

About TappAlpha SPY Growth & Daily Income ETF

(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.

Further Reading

Receive News & Ratings for TappAlpha SPY Growth & Daily Income ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TappAlpha SPY Growth & Daily Income ETF and related companies with MarketBeat.com's FREE daily email newsletter.