YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) Sees Large Decline in Short Interest

YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) was the target of a large decrease in short interest during the month of January. As of January 15th, there was short interest totaling 6,734 shares, a decrease of 48.0% from the December 31st total of 12,961 shares. Currently, 2.1% of the company’s stock are short sold. Based on an average trading volume of 7,596 shares, the short-interest ratio is currently 0.9 days. Based on an average trading volume of 7,596 shares, the short-interest ratio is currently 0.9 days. Currently, 2.1% of the company’s stock are short sold.

YieldMax Target 12 Semiconductor Option Income ETF Price Performance

NYSEARCA:SOXY traded down $2.23 during midday trading on Friday, reaching $66.08. The stock had a trading volume of 10,160 shares, compared to its average volume of 9,378. YieldMax Target 12 Semiconductor Option Income ETF has a 1-year low of $35.02 and a 1-year high of $68.69. The firm’s fifty day simple moving average is $62.01 and its 200-day simple moving average is $57.79. The stock has a market capitalization of $21.15 million, a P/E ratio of 36.48 and a beta of 2.26.

About YieldMax Target 12 Semiconductor Option Income ETF

The YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively managed ETF that targets an annual income level of 12% by investing in US semiconductor companies while employing a covered call strategy. SOXY was launched on Dec 2, 2024 and is issued by YieldMax.