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

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

Institutional Inflows and Outflows

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

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

Shares of NYSEARCA:CHPY traded down $0.41 on Friday, hitting $80.68. 366,800 shares of the company’s stock were exchanged, compared to its average volume of 448,092. The firm’s 50-day moving average is $66.04 and its 200 day moving average is $60.78. The company has a market capitalization of $724.51 million, a PE ratio of 32.25 and a beta of 2.63. YieldMax Semiconductor Portfolio Option Income ETF has a 1-year low of $49.35 and a 1-year high of $82.75.

About YieldMax Semiconductor Portfolio Option Income ETF

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.