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

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) saw a significant growth in short interest in the month of May. As of May 15th, there was short interest totaling 7,965 shares, a growth of 318.1% from the April 30th total of 1,905 shares. Based on an average daily trading volume, of 1,621 shares, the days-to-cover ratio is presently 4.9 days. Currently, 8.0% of the company’s shares are short sold.

YieldMax Target 12 Real Estate Option Income ETF Price Performance

NYSEARCA RNTY traded down $0.35 on Friday, reaching $49.96. The company had a trading volume of 536 shares, compared to its average volume of 15,392. The firm has a market cap of $5.00 million, a price-to-earnings ratio of 39.56 and a beta of 0.90. YieldMax Target 12 Real Estate Option Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $52.52. The business has a 50 day moving average of $49.77 and a two-hundred day moving average of $49.86.

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.