YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Down 66.8% in May

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) saw a large drop in short interest in May. As of May 29th, there was short interest totaling 2,645 shares, a drop of 66.8% from the May 14th total of 7,965 shares. Approximately 2.6% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,562 shares, the short-interest ratio is presently 1.7 days.

YieldMax Target 12 Real Estate Option Income ETF Trading Down 0.2%

Shares of NYSEARCA RNTY opened at $50.24 on Thursday. The stock has a market cap of $5.02 million, a price-to-earnings ratio of 39.56 and a beta of 0.43. YieldMax Target 12 Real Estate Option Income ETF has a 1-year low of $47.67 and a 1-year high of $52.52. The stock’s 50-day moving average is $50.00 and its 200 day moving average is $49.89.

YieldMax Target 12 Real Estate Option Income ETF Company Profile

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.