Short Interest in GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Expands By 388.7%

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) was the target of a large growth in short interest in January. As of January 30th, there was short interest totaling 628,399 shares, a growth of 388.7% from the January 15th total of 128,585 shares. Based on an average daily volume of 2,404,037 shares, the days-to-cover ratio is currently 0.3 days. Currently, 1.2% of the company’s shares are sold short. Currently, 1.2% of the company’s shares are sold short. Based on an average daily volume of 2,404,037 shares, the days-to-cover ratio is currently 0.3 days.

GraniteShares Yieldboost TSLA ETF Trading Up 0.7%

Shares of NASDAQ TSYY opened at $4.53 on Wednesday. GraniteShares Yieldboost TSLA ETF has a 1 year low of $4.25 and a 1 year high of $26.15. The company’s 50-day moving average is $5.43 and its 200 day moving average is $7.00.

GraniteShares Yieldboost TSLA ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, February 10th. Shareholders of record on Friday, February 6th were issued a $0.1137 dividend. The ex-dividend date was Friday, February 6th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Susquehanna International Group LLP purchased a new stake in GraniteShares Yieldboost TSLA ETF during the 3rd quarter valued at about $572,000. Integrity Alliance LLC. grew its position in GraniteShares Yieldboost TSLA ETF by 53.3% in the 4th quarter. Integrity Alliance LLC. now owns 44,597 shares of the company’s stock worth $248,000 after purchasing an additional 15,511 shares during the period. Jane Street Group LLC bought a new stake in shares of GraniteShares Yieldboost TSLA ETF in the first quarter worth $440,000. Winebrenner Capital Management LLC grew its stake in shares of GraniteShares Yieldboost TSLA ETF by 25.0% during the 4th quarter. Winebrenner Capital Management LLC now owns 24,990 shares of the company’s stock valued at $139,000 after purchasing an additional 4,990 shares during the period. Finally, Ethos Financial Group LLC bought a new stake in GraniteShares Yieldboost TSLA ETF during the third quarter valued at approximately $191,000.

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.