GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) Short Interest Down 88.2% in June

GraniteShares Yieldboost TSLA ETF (NASDAQ:TSYY) was the recipient of a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 240,875 shares, a decline of 88.2% from the May 31st total of 2,033,593 shares. Currently, 4.8% of the company’s shares are sold short. Based on an average trading volume of 124,392 shares, the days-to-cover ratio is presently 1.9 days.

GraniteShares Yieldboost TSLA ETF Stock Performance

Shares of TSYY opened at $22.79 on Friday. GraniteShares Yieldboost TSLA ETF has a 12-month low of $20.28 and a 12-month high of $85.52. The company’s 50-day moving average price is $24.74 and its 200 day moving average price is $32.85.

GraniteShares Yieldboost TSLA ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.2251 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from GraniteShares Yieldboost TSLA ETF’s previous dividend of $0.22.

Institutional Investors Weigh In On GraniteShares Yieldboost TSLA ETF

Several large investors have recently added to or reduced their stakes in the business. Simplex Trading LLC purchased a new stake in shares of GraniteShares Yieldboost TSLA ETF during the 4th quarter worth approximately $43,000. MGO One Seven LLC acquired a new stake in shares of GraniteShares Yieldboost TSLA ETF during the fourth quarter worth $61,000. Keyes Stange & Wooten Wealth Management LLC purchased a new position in GraniteShares Yieldboost TSLA ETF in the 4th quarter valued at $96,000. StoneX Group Inc. purchased a new position in GraniteShares Yieldboost TSLA ETF in the 4th quarter valued at $100,000. Finally, HRT Financial LP grew its position in GraniteShares Yieldboost TSLA ETF by 119.1% in the 4th 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.

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.