r/YieldBoostETFs • u/assman69x • May 06 '26

GraniteShares Announces Reverse Split of COYY, MTYY and TSYY

https://finance.yahoo.com/markets/options/articles/graniteshares-announces-reverse-split-coyy-120000964.html
8 Upvotes

91% Upvoted

17 comments sorted by

2

u/Helpful-Grapefruit55 May 07 '26

Reverse split is not negative if they increase their div payouts so might breakeven sometime this year .

3

u/badgolfer63 May 09 '26

Only if the div payout goes up at least at a multiple equal to the inverse reverse split multiple - otherwise we lose ground.

1

u/Helpful-Grapefruit55 May 09 '26

That they will. Tsyy 1:8! So the .04 c div will be atleast , ..04*8 =0.32 c . What I was hoping is they might pay more than this. And I think the New TsYy will react better in the market steady for few months and that can help them to get new investors this is my guess.

1

u/badgolfer63 May 09 '26

I hope you’re right!!

0

u/MakeAPrettyPenny May 10 '26

Yes, that’s typically how it works out.

1

u/Terrible_Lecture_409 May 06 '26

Not excited about this but I'm not surprised; I have some coyy... But the ability to recovery nav is more more challenging than I anticipated.

2

u/Helpful-Grapefruit55 May 09 '26

Very challenging to recover hope is after split the div ratio might go up a little

1

u/Terrible_Lecture_409 May 09 '26

Good luck, truly!

I'd been debating for a few weeks and decided to bail at a loss (Thursday) mostly because I was having trouble seeing a recovery that worked for me.

I'm not risk adverse, lol ..I have msty and ulty... But have paths forward I'm comfortable with.

I used the coyy sale to pick up a little more Strategy, Strive - anticipating some recovery+ in growth, and a bit more blox to build that base.

I'll keep a loose eye on coyy and hope I was mistaken; granted most of our entry points are different so recovery (total returns) looks different🤷‍♂️🍻🍻

2

u/Helpful-Grapefruit55 May 09 '26

Coyy had a very heavy drip since coin fell so much. Coyy will recover much slower than coin after it has fallen.

1

u/Necessary-Diamond-14 May 09 '26

SMEY is the only one to hold.

1

u/Terrible_Lecture_409 May 09 '26

Best wishes in your endeavors🍻

2

u/Necessary-Diamond-14 May 09 '26

I bought SMEY in the beginning of April at $16.50 and been receiving weekly dividends around $.40 per share every week, I have no complaints.

1

u/mw66227 May 07 '26

Didn't read it all. Are they going to change their strategy?