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

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) saw a significant decline in short interest in the month of February. As of February 13th, there was short interest totaling 902 shares, a decline of 52.0% from the January 29th total of 1,881 shares. Based on an average daily trading volume, of 1,225 shares, the days-to-cover ratio is currently 0.7 days. Currently, 1.1% of the company’s shares are sold short. Currently, 1.1% of the company’s shares are sold short. Based on an average daily trading volume, of 1,225 shares, the days-to-cover ratio is currently 0.7 days.

YieldMax Target 12 Real Estate Option Income ETF Trading Up 0.8%

NYSEARCA:RNTY traded up $0.44 during mid-day trading on Friday, hitting $52.39. The company had a trading volume of 704,682 shares, compared to its average volume of 19,523. The business has a fifty day simple moving average of $50.05 and a 200-day simple moving average of $49.95. The firm has a market capitalization of $4.19 million, a price-to-earnings ratio of 39.56 and a beta of 0.73. YieldMax Target 12 Real Estate Option Income ETF has a 1 year low of $48.47 and a 1 year high of $53.02.

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.