YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Short Interest Up 20.9% in February

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 2,119,961 shares, a growth of 20.9% from the January 29th total of 1,752,790 shares. Based on an average daily volume of 943,381 shares, the days-to-cover ratio is currently 2.2 days. Approximately 7.1% of the shares of the company are sold short. Approximately 7.1% of the shares of the company are sold short. Based on an average daily volume of 943,381 shares, the days-to-cover ratio is currently 2.2 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in YieldMax TSLA Option Income Strategy ETF stock. FNY Investment Advisers LLC raised its holdings in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) by 821.3% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,640 shares of the company’s stock after purchasing an additional 24,640 shares during the quarter. FNY Investment Advisers LLC owned 0.09% of YieldMax TSLA Option Income Strategy ETF worth $1,037,000 as of its most recent SEC filing.

YieldMax TSLA Option Income Strategy ETF Trading Down 0.7%

Shares of TSLY stock opened at $32.45 on Friday. YieldMax TSLA Option Income Strategy ETF has a 1 year low of $31.17 and a 1 year high of $49.65. The stock has a 50 day simple moving average of $34.95 and a 200 day simple moving average of $38.85.

YieldMax TSLA Option Income Strategy ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.3183 dividend. This represents a yield of 4,984.0%. The ex-dividend date of this dividend was Thursday, February 26th.

YieldMax TSLA Option Income Strategy ETF Company Profile

The YieldMax TSLA Option Income Strategy ETF (TSLY) 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 US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. TSLY was launched on Oct 22, 2022 and is managed by YieldMax.