YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Down 82.8% in August

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the target of a large drop in short interest in August. As of August 31st, there was short interest totaling 2,853 shares, a drop of 82.8% from the August 15th total of 16,574 shares. Based on an average daily trading volume, of 1,955 shares, the short-interest ratio is currently 1.5 days. Currently, 1.7% of the shares of the stock are short sold.

YieldMax Target 12 Real Estate Option Income ETF Price Performance

Shares of NYSEARCA RNTY traded up $0.32 during mid-day trading on Friday, hitting $47.45. 697 shares of the company’s stock traded hands, compared to its average volume of 9,980. YieldMax Target 12 Real Estate Option Income ETF has a 1 year low of $47.13 and a 1 year high of $52.50. The company’s 50-day moving average is $49.51 and its two-hundred day moving average is $49.91. The company has a market capitalization of $8.07 million, a P/E ratio of 39.56 and a beta of 0.37.

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.