GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) Stock Short Interest Rises 180.9%

GraniteShares YieldBOOST Semiconductor ETF (NASDAQ:SEMY) saw a significant increase in short interest during the month of October. As of October 15th, there was short interest totaling 8,307 shares, an increase of 180.9% from the September 30th total of 2,957 shares. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 95,156 shares, the days-to-cover ratio is currently 0.1 days.

GraniteShares YieldBOOST Semiconductor ETF Stock Down 0.3%

NASDAQ:SEMY traded down $0.04 during midday trading on Thursday, hitting $11.38. The stock had a trading volume of 14,362 shares, compared to its average volume of 197,923. The company’s 50-day simple moving average is $12.46. GraniteShares YieldBOOST Semiconductor ETF has a one year low of $11.00 and a one year high of $25.81.

GraniteShares YieldBOOST Semiconductor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 27th. Investors of record on Friday, October 23rd were given a dividend of $0.1441 per share. The ex-dividend date of this dividend was Friday, October 23rd. This is a decrease from GraniteShares YieldBOOST Semiconductor ETF’s previous dividend of $0.1499. This represents a yield of 6,813.0%.

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.