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

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the target of a large growth in short interest in July. As of July 15th, there was short interest totaling 11,788 shares, a growth of 154.7% from the June 30th total of 4,629 shares. Based on an average daily trading volume, of 1,629 shares, the days-to-cover ratio is presently 7.2 days. Currently, 9.8% of the company’s stock are sold short.

YieldMax Target 12 Real Estate Option Income ETF Trading Down 0.8%

Shares of YieldMax Target 12 Real Estate Option Income ETF stock traded down $0.41 during trading on Monday, hitting $50.33. 6,201 shares of the stock traded hands, compared to its average volume of 11,762. The stock’s fifty day simple moving average is $50.11 and its 200 day simple moving average is $50.11. The firm has a market cap of $8.56 million, a P/E ratio of 39.56 and a beta of 0.38. YieldMax Target 12 Real Estate Option Income ETF has a 52-week low of $47.67 and a 52-week high of $52.50.

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.