GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Sees Significant Increase in Short Interest

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) was the recipient of a significant growth in short interest in the month of July. As of July 31st, there was short interest totaling 27,249 shares, a growth of 432.6% from the July 15th total of 5,116 shares. Based on an average trading volume of 201,422 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.5% of the company’s shares are sold short.

GraniteShares YieldBOOST Semiconductor ETF Stock Down 1.3%

Shares of NASDAQ:SEMY traded down $0.18 during midday trading on Friday, hitting $13.96. 17,796 shares of the stock traded hands, compared to its average volume of 233,552. GraniteShares YieldBOOST Semiconductor ETF has a one year low of $13.52 and a one year high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 11th. Investors of record on Friday, August 7th were issued a dividend of $0.1914 per share. The ex-dividend date was Friday, August 7th. This is a boost from GraniteShares YieldBOOST Semiconductor ETF’s previous dividend of $0.18.

GraniteShares YieldBOOST Semiconductor ETF is an exchange-traded fund designed to provide investors with exposure to the semiconductor industry while pursuing an income-oriented options strategy. The fund is part of GraniteShares’ suite of thematic and income-focused ETFs, and it seeks to combine participation in the semiconductor sector with an enhanced yield profile.

The ETF’s underlying focus is the global semiconductor industry, which includes companies involved in the design, manufacture, and supply of chips and related technologies used in computing, communications, consumer electronics, automotive systems, and industrial applications.