GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Stock Short Interest Jumps 180.9%

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 8,307 shares, a growth of 180.9% from the September 30th total of 2,957 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 95,156 shares, the short-interest ratio is currently 0.1 days.

GraniteShares YieldBOOST Semiconductor ETF Stock Down 3.4%

SEMY opened at $11.01 on Friday. The company has a 50-day moving average of $12.42. GraniteShares YieldBOOST Semiconductor ETF has a 1-year low of $10.86 and a 1-year high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which will be paid on Tuesday, November 3rd. Shareholders of record on Friday, October 30th will be paid a $0.1438 dividend. This represents a yield of 6,829.0%. The ex-dividend date is Friday, October 30th. This is a decrease from GraniteShares YieldBOOST Semiconductor ETF’s previous dividend of $0.1441.

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.