YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) Short Interest Down 66.8% in May

YieldMax Target 12 Real Estate Option Income ETF (NYSEARCA:RNTY) was the recipient of a large drop in short interest during the month of May. As of May 29th, there was short interest totaling 2,645 shares, a drop of 66.8% from the May 14th total of 7,965 shares. Currently, 2.6% of the shares of the stock are sold short. Based on an average trading volume of 1,562 shares, the days-to-cover ratio is currently 1.7 days.

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

Shares of RNTY opened at $50.24 on Thursday. The company has a market cap of $5.02 million, a PE ratio of 39.56 and a beta of 0.43. The stock has a 50-day moving average price of $50.00 and a 200-day moving average price of $49.89. YieldMax Target 12 Real Estate Option Income ETF has a 12-month low of $47.67 and a 12-month high of $52.52.

YieldMax Target 12 Real Estate Option Income ETF Company Profile

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.