YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Sees Significant Decrease in Short Interest

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) was the recipient of a significant decline in short interest in the month of July. As of July 31st, there was short interest totaling 1,081,593 shares, a decline of 38.6% from the July 15th total of 1,761,708 shares. Currently, 7.1% of the shares of the stock are sold short. Based on an average trading volume of 824,831 shares, the short-interest ratio is presently 1.3 days.

Institutional Trading of YieldMax Semiconductor Portfolio Option Income ETF

A hedge fund recently bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. acquired a new position in shares of YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

NYSEARCA CHPY traded down $3.52 on Tuesday, reaching $69.20. The company’s stock had a trading volume of 911,858 shares, compared to its average volume of 559,435. YieldMax Semiconductor Portfolio Option Income ETF has a twelve month low of $50.85 and a twelve month high of $89.86. The stock has a market cap of $1.05 billion, a PE ratio of 32.25 and a beta of 2.23. The firm’s 50 day moving average is $76.39 and its two-hundred day moving average is $68.79.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.