YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Down 82.8% in August

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the target of a significant drop in short interest in August. As of August 31st, there was short interest totaling 2,853 shares, a drop of 82.8% from the August 15th total of 16,574 shares. Currently, 1.7% of the company’s stock are short sold. Based on an average daily volume of 1,955 shares, the short-interest ratio is presently 1.5 days.

YieldMax Target 12 Real Estate Option Income ETF Price Performance

NYSEARCA:RNTY traded up $0.58 on Friday, hitting $47.71. 591 shares of the company’s stock were exchanged, compared to its average volume of 9,979. The firm has a 50-day moving average price of $49.57 and a 200-day moving average price of $49.92. YieldMax Target 12 Real Estate Option Income ETF has a 52 week low of $47.13 and a 52 week high of $52.50. The company has a market cap of $8.11 million, a P/E ratio of 39.56 and a beta of 0.37.

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.