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

Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) was the recipient of a large 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. Currently, 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 13,073 shares, the days-to-cover ratio is currently 0.7 days.

Kurv Yield Premium Strategy Tesla (TSLA) ETF Stock Down 0.6%

Shares of BATS TSLP opened at $17.37 on Thursday. Kurv Yield Premium Strategy Tesla has a 12 month low of $15.88 and a 12 month high of $26.52. The company has a market cap of $19.63 million, a P/E ratio of 120.49 and a beta of 1.18. The business’s 50 day moving average is $18.69 and its two-hundred day moving average is $19.78.

Hedge Funds Weigh In On Kurv Yield Premium Strategy Tesla (TSLA) ETF

A hedge fund recently bought a new stake in Kurv Yield Premium Strategy Tesla (TSLA) ETF stock. Jane Street Group LLC bought a new stake in shares of Kurv Yield Premium Strategy Tesla (TSLA) ETF (BATS:TSLP) in the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 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 at the end of the most recent reporting period.

About Kurv Yield Premium Strategy Tesla (TSLA) ETF

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.