YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Up 318.1% in May

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) saw a large increase in short interest during the month of May. As of May 15th, there was short interest totaling 7,965 shares, an increase of 318.1% from the April 30th total of 1,905 shares. Based on an average daily trading volume, of 1,621 shares, the short-interest ratio is presently 4.9 days. Approximately 8.0% of the shares of the stock are short sold.

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

RNTY stock opened at $50.31 on Friday. YieldMax Target 12 Real Estate Option Income ETF has a 12-month low of $47.67 and a 12-month high of $52.52. The stock has a market cap of $5.03 million, a price-to-earnings ratio of 39.56 and a beta of 0.94. The business’s 50-day moving average is $49.77 and its 200 day moving average is $49.86.

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.