YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Sees Significant Drop in Short Interest

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the recipient of a large drop in short interest during the month of 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. Approximately 1.7% of the shares of the company are sold short. Based on an average trading volume of 1,955 shares, the days-to-cover ratio is presently 1.5 days.

YieldMax Target 12 Real Estate Option Income ETF Stock Performance

Shares of RNTY stock traded up $0.32 on Friday, reaching $47.45. The stock had a trading volume of 697 shares, 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 stock has a market cap of $8.07 million, a P/E ratio of 39.56 and a beta of 0.37. The company has a 50 day simple moving average of $49.51 and a 200 day simple moving average of $49.91.

About YieldMax Target 12 Real Estate Option Income ETF

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.