YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Update

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the recipient of a large decrease in short interest during the month of May. As of May 29th, there was short interest totaling 2,645 shares, a decrease of 66.8% from the May 14th total of 7,965 shares. Approximately 2.6% of the shares of the stock are sold short. Based on an average trading volume of 1,562 shares, the days-to-cover ratio is presently 1.7 days.

YieldMax Target 12 Real Estate Option Income ETF Price Performance

Shares of NYSEARCA RNTY traded up $0.27 during midday trading on Friday, reaching $50.47. 749 shares of the stock traded hands, compared to its average volume of 14,135. The stock has a market capitalization of $5.05 million, a PE ratio of 39.56 and a beta of 0.43. YieldMax Target 12 Real Estate Option Income ETF has a one year low of $47.67 and a one year high of $52.52. The company’s 50 day moving average is $50.08 and its 200 day moving average is $49.90.

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.