YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) Sees Large Increase in Short Interest

YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 1,218,577 shares, a growth of 87.6% from the May 31st total of 649,548 shares. Currently, 13.6% of the company’s shares are short sold. Based on an average trading volume of 971,880 shares, the short-interest ratio is presently 1.3 days.

YieldMax Semiconductor Portfolio Option Income ETF Price Performance

CHPY stock remained flat at $78.33 during midday trading on Friday. The company’s stock had a trading volume of 1,124,701 shares, compared to its average volume of 531,069. YieldMax Semiconductor Portfolio Option Income ETF has a one year low of $50.85 and a one year high of $89.86. The stock has a market capitalization of $1.08 billion, a PE ratio of 32.25 and a beta of 1.94. The company’s fifty day simple moving average is $78.37 and its 200-day simple moving average is $65.54.

Institutional Trading of YieldMax Semiconductor Portfolio Option Income ETF

A hedge fund recently bought a new position in YieldMax Semiconductor Portfolio Option Income ETF stock. Sunbelt Securities Inc. bought a new stake in YieldMax Semiconductor Portfolio Option Income ETF (NYSEARCA:CHPY) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 900 shares of the company’s stock, valued at approximately $50,000.

YieldMax Semiconductor Portfolio Option Income ETF Company Profile

CHPY is an actively managed ETF that seeks current income and capital appreciation by investing directly in a select portfolio of 15-30 semiconductor companies. It aims to generate income through an options portfolio on semiconductor companies and/or semiconductor ETFs.