YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Sees Significant Drop in Short Interest
by Tristan Rich · The Markets DailyYieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY – Get Free Report) was the recipient of a large decline in short interest in December. As of December 15th, there was short interest totaling 498 shares, a decline of 88.0% from the November 30th total of 4,143 shares. Approximately 1.0% of the shares of the company are short sold. Based on an average daily volume of 1,308 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily volume of 1,308 shares, the days-to-cover ratio is currently 0.4 days. Approximately 1.0% of the shares of the company are short sold.
YieldMax Target 12 Real Estate Option Income ETF Stock Performance
Shares of RNTY traded up $0.29 during trading hours on Wednesday, hitting $49.17. The stock had a trading volume of 354 shares, compared to its average volume of 1,305. The firm has a 50-day moving average price of $49.50 and a 200 day moving average price of $50.42. YieldMax Target 12 Real Estate Option Income ETF has a fifty-two week low of $48.52 and a fifty-two week high of $53.02. The firm has a market capitalization of $2.46 million, a price-to-earnings ratio of 39.56 and a beta of 0.73.
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.