YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Sees Significant Decrease in Short Interest

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

YieldMax Target 12 Real Estate Option Income ETF Stock Up 1.2%

Shares of NYSEARCA:RNTY traded up $0.58 during midday trading on Friday, hitting $47.71. The stock had a trading volume of 591 shares, compared to its average volume of 9,979. The company has a market cap of $8.11 million, a P/E ratio of 39.56 and a beta of 0.37. YieldMax Target 12 Real Estate Option Income ETF has a 12 month low of $47.13 and a 12 month high of $52.50. The business’s 50-day simple moving average is $49.57 and its 200-day simple moving average is $49.92.

YieldMax Target 12 Real Estate Option Income ETF Company Profile

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.