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

YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) was the recipient of a large drop in short interest in July. As of July 31st, there was short interest totaling 8,026 shares, a drop of 61.9% from the July 15th total of 21,040 shares. Based on an average trading volume of 23,215 shares, the short-interest ratio is presently 0.3 days. Approximately 1.1% of the shares of the stock are short sold.

YieldMax Target 12 Semiconductor Option Income ETF Trading Down 0.2%

Shares of SOXY traded down $0.20 during trading hours on Friday, reaching $94.27. 8,186 shares of the company’s stock traded hands, compared to its average volume of 17,284. The stock has a market cap of $70.70 million, a PE ratio of 36.48 and a beta of 2.30. The firm’s 50 day simple moving average is $98.87 and its 200-day simple moving average is $83.42. YieldMax Target 12 Semiconductor Option Income ETF has a 12 month low of $50.53 and a 12 month high of $115.36.

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.