Short Interest in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Drops By 73.4%

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) saw a large decline in short interest during the month of May. As of May 15th, there was short interest totaling 426,950 shares, a decline of 73.4% from the April 30th total of 1,606,910 shares. Approximately 4.8% of the company’s shares are sold short. Based on an average daily volume of 739,295 shares, the days-to-cover ratio is currently 0.6 days.

YieldMax Semiconductor Portfolio Option Income ETF Stock Down 0.3%

NYSEARCA:CHPY traded down $0.24 on Friday, hitting $80.85. The stock had a trading volume of 574,742 shares, compared to its average volume of 450,330. The stock has a market cap of $726.03 million, a price-to-earnings ratio of 32.25 and a beta of 2.87. The company has a fifty day moving average price of $66.53 and a two-hundred day moving average price of $60.92. YieldMax Semiconductor Portfolio Option Income ETF has a 1-year low of $49.35 and a 1-year high of $82.75.

Hedge Funds Weigh In On YieldMax Semiconductor Portfolio Option Income ETF

An institutional investor recently bought a new position in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.