GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Sees Significant Drop in Short Interest

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,519 shares, a decline of 79.7% from the July 30th total of 27,249 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 139,014 shares, the short-interest ratio is presently 0.0 days.

GraniteShares YieldBOOST Semiconductor ETF Price Performance

Shares of NASDAQ SEMY traded down $0.40 during mid-day trading on Friday, hitting $13.09. 115,346 shares of the company were exchanged, compared to its average volume of 228,582. The business’s 50 day moving average is $14.42. GraniteShares YieldBOOST Semiconductor ETF has a 1-year low of $12.97 and a 1-year high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Friday, August 28th will be given a dividend of $0.1749 per share. The ex-dividend date is Friday, August 28th.

GraniteShares YieldBOOST Semiconductor ETF is an exchange-traded fund designed to provide investors with exposure to the semiconductor industry while pursuing an income-oriented options strategy. The fund is part of GraniteShares’ suite of thematic and income-focused ETFs, and it seeks to combine participation in the semiconductor sector with an enhanced yield profile.

The ETF’s underlying focus is the global semiconductor industry, which includes companies involved in the design, manufacture, and supply of chips and related technologies used in computing, communications, consumer electronics, automotive systems, and industrial applications.