YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) Sees Large Decline in Short Interest

YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 8,985 shares, a decrease of 35.3% from the August 15th total of 13,895 shares. Approximately 1.2% of the company’s shares are short sold. Based on an average daily volume of 12,303 shares, the days-to-cover ratio is currently 0.7 days.

YieldMax Target 12 Semiconductor Option Income ETF Trading Up 2.1%

NYSEARCA:SOXY opened at $90.63 on Friday. YieldMax Target 12 Semiconductor Option Income ETF has a 1-year low of $54.28 and a 1-year high of $115.36. The firm has a market capitalization of $90.54 million, a price-to-earnings ratio of 36.48 and a beta of 2.27. The business’s 50-day moving average price is $90.74 and its two-hundred day moving average price is $87.17.

YieldMax Target 12 Semiconductor Option Income ETF Company Profile

The YieldMax Target 12 Semiconductor Option Income ETF (SOXY) is an exchange-traded fund that mostly invests in information technology equity. The fund is an actively managed ETF that targets an annual income level of 12% by investing in US semiconductor companies while employing a covered call strategy. SOXY was launched on Dec 2, 2024 and is issued by YieldMax.