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) saw a significant increase in short interest in July. As of July 15th, there was short interest totaling 11,788 shares, an increase of 154.7% from the June 30th total of 4,629 shares. Currently, 9.8% of the company’s stock are short sold. Based on an average trading volume of 1,629 shares, the short-interest ratio is presently 7.2 days.

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

Shares of RNTY stock traded down $0.41 during trading hours on Monday, reaching $50.33. 6,201 shares of the company’s stock were exchanged, compared to its average volume of 11,762. YieldMax Target 12 Real Estate Option Income ETF has a fifty-two week low of $47.67 and a fifty-two week high of $52.50. The stock’s 50 day moving average is $50.11 and its 200-day moving average is $50.11. The company has a market cap of $8.56 million, a price-to-earnings ratio of 39.56 and a beta of 0.38.

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.