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 significant increase in short interest in 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. Approximately 8.0% of the company’s shares are sold short. Based on an average daily volume of 1,621 shares, the days-to-cover ratio is presently 4.9 days.

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

Shares of NYSEARCA RNTY opened at $50.31 on Friday. The firm has a market cap of $5.03 million, a price-to-earnings ratio of 39.56 and a beta of 0.94. YieldMax Target 12 Real Estate Option Income ETF has a 52-week low of $47.67 and a 52-week high of $52.52. The business’s 50 day moving average is $49.77 and its two-hundred 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.