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

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

GraniteShares YieldBOOST Semiconductor ETF Stock Performance

Shares of GraniteShares YieldBOOST Semiconductor ETF stock opened at $10.88 on Friday. GraniteShares YieldBOOST Semiconductor ETF has a 52 week low of $10.79 and a 52 week high of $25.81. The company has a 50 day moving average of $12.36.

GraniteShares YieldBOOST Semiconductor ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Tuesday, November 3rd. Stockholders of record on Friday, October 30th will be issued a $0.1438 dividend. This represents a dividend yield of 6,873.0%. The ex-dividend date is Friday, October 30th. This is a negative change 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.