YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) Sees Large Volume Increase

YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) saw unusually-high trading volume on Thursday . Approximately 1,155,551 shares changed hands during trading, a decline of 14% from the previous session’s volume of 1,349,331 shares.The stock last traded at $12.57 and had previously closed at $12.60.

YieldMax TSLA Option Income Strategy ETF Price Performance

The stock has a fifty day simple moving average of $13.78 and a 200-day simple moving average of $14.90.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in YieldMax TSLA Option Income Strategy ETF stock. Sunbelt Securities Inc. acquired a new stake in YieldMax TSLA Option Income Strategy ETF (NYSEARCA:TSLY) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,478 shares of the company’s stock, valued at approximately $56,000.

About YieldMax TSLA Option Income Strategy ETF

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.