Short Interest in GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Rises By 432.6%

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) was the target of a significant increase in short interest during the month of July. As of July 31st, there was short interest totaling 27,249 shares, an increase of 432.6% from the July 15th total of 5,116 shares. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 201,422 shares, the days-to-cover ratio is currently 0.1 days.

GraniteShares YieldBOOST Semiconductor ETF Trading Up 0.6%

Shares of NASDAQ SEMY traded up $0.08 during trading hours on Thursday, hitting $14.14. 91,397 shares of the stock were exchanged, compared to its average volume of 234,997. GraniteShares YieldBOOST Semiconductor ETF has a 12 month low of $13.52 and a 12 month high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, August 11th. Stockholders of record on Friday, August 7th were given a $0.1914 dividend. The ex-dividend date of this dividend was Friday, August 7th. This is a positive change from GraniteShares YieldBOOST Semiconductor ETF’s previous dividend of $0.18.

GraniteShares YieldBOOST Semiconductor ETF is an exchange-traded fund designed to provide investors with exposure to the semiconductor industry while pursuing an income-oriented options strategy. The fund is part of GraniteShares’ suite of thematic and income-focused ETFs, and it seeks to combine participation in the semiconductor sector with an enhanced yield profile.

The ETF’s underlying focus is the global semiconductor industry, which includes companies involved in the design, manufacture, and supply of chips and related technologies used in computing, communications, consumer electronics, automotive systems, and industrial applications.