YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) Sees Significant Drop in Short Interest

YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) saw a significant decrease in short interest in June. As of June 15th, there was short interest totaling 11,611 shares, a decrease of 59.0% from the May 31st total of 28,302 shares. Based on an average daily volume of 20,074 shares, the short-interest ratio is currently 0.6 days. Approximately 1.9% of the shares of the stock are short sold.

YieldMax Target 12 Semiconductor Option Income ETF Stock Performance

Shares of SOXY opened at $111.19 on Wednesday. The business’s fifty day moving average price is $96.08 and its two-hundred day moving average price is $75.94. The firm has a market capitalization of $66.71 million, a price-to-earnings ratio of 36.48 and a beta of 2.31. YieldMax Target 12 Semiconductor Option Income ETF has a 52 week low of $50.53 and a 52 week high of $115.36.

About YieldMax Target 12 Semiconductor Option Income ETF

The YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively managed ETF that targets an annual income level of 12% by investing in US semiconductor companies while employing a covered call strategy. SOXY was launched on Dec 2, 2024 and is issued by YieldMax.