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

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

Kurv Yield Premium Strategy Tesla (TSLA) ETF Price Performance

Kurv Yield Premium Strategy Tesla (TSLA) ETF stock opened at $17.19 on Friday. The company has a market cap of $19.42 million, a PE ratio of 120.49 and a beta of 1.18. The company has a fifty day moving average price of $18.65 and a two-hundred day moving average price of $19.72. Kurv Yield Premium Strategy Tesla has a 12 month low of $15.88 and a 12 month high of $26.52.

Institutional Inflows and Outflows

An institutional investor 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) in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,189 shares of the company’s stock, valued at approximately $225,000. Jane Street Group LLC owned about 1.21% of Kurv Yield Premium Strategy Tesla (TSLA) ETF as of its most recent SEC filing.

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.