Short Interest in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Declines By 38.6%

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 1,081,593 shares, a decrease of 38.6% from the July 15th total of 1,761,708 shares. Based on an average trading volume of 824,831 shares, the short-interest ratio is presently 1.3 days. Currently, 7.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

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

YieldMax Semiconductor Portfolio Option Income ETF Stock Performance

Shares of NYSEARCA CHPY opened at $67.60 on Thursday. The stock has a market cap of $1.03 billion, a price-to-earnings ratio of 32.25 and a beta of 2.23. YieldMax Semiconductor Portfolio Option Income ETF has a fifty-two week low of $50.85 and a fifty-two week high of $89.86. The firm’s 50-day simple moving average is $76.02 and its 200 day simple moving average is $68.89.

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.