YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Sees Significant Growth in Short Interest

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the target of a large growth in short interest during the month of March. As of March 13th, there was short interest totaling 1,760 shares, a growth of 33.7% from the February 26th total of 1,316 shares. Approximately 2.2% of the company’s stock are short sold. Based on an average daily volume of 2,700 shares, the short-interest ratio is currently 0.7 days.

YieldMax Target 12 Real Estate Option Income ETF Stock Performance

Shares of YieldMax Target 12 Real Estate Option Income ETF stock traded down $0.40 on Friday, hitting $47.86. The company had a trading volume of 1,870 shares, compared to its average volume of 25,632. The stock has a market capitalization of $3.83 million, a price-to-earnings ratio of 39.56 and a beta of 0.73. YieldMax Target 12 Real Estate Option Income ETF has a 1 year low of $47.67 and a 1 year high of $53.02. The stock has a 50 day moving average of $50.36 and a 200-day moving average of $49.90.

About YieldMax Target 12 Real Estate Option Income ETF

The fund’s strategy involves: (1) constructing a portfolio of U.S.-listed equity securities of Semiconductor Companies; and (2) generating income through an options portfolio, which involve using options contracts on Underlying Securities and/or Semiconductor ETFs. The fund is non-diversified.