GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Sees Large Drop in Short Interest

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) was the target of a significant decline in short interest in the month of August. As of August 14th, there was short interest totaling 5,519 shares, a decline of 79.7% from the July 30th total of 27,249 shares. Based on an average daily volume of 139,014 shares, the short-interest ratio is currently 0.0 days. Approximately 0.1% of the shares of the company are sold short.

GraniteShares YieldBOOST Semiconductor ETF Stock Up 1.9%

Shares of NASDAQ SEMY traded up $0.25 during mid-day trading on Thursday, reaching $13.49. The company’s stock had a trading volume of 181,018 shares, compared to its average volume of 229,270. The firm’s fifty day simple moving average is $14.44. GraniteShares YieldBOOST Semiconductor ETF has a 52 week low of $12.97 and a 52 week high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, August 25th. Investors of record on Friday, August 21st were given a $0.183 dividend. The ex-dividend date was Friday, August 21st.

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.