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

YieldMax Target 12 Semiconductor Option Income ETF (NYSEARCA:SOXY) was the target of a significant decrease in short interest in May. As of May 15th, there was short interest totaling 11,771 shares, a decrease of 44.9% from the April 30th total of 21,349 shares. Based on an average trading volume of 20,410 shares, the days-to-cover ratio is currently 0.6 days. Currently, 2.0% of the shares of the stock are short sold.

YieldMax Target 12 Semiconductor Option Income ETF Trading Up 5.6%

Shares of NYSEARCA:SOXY traded up $5.68 on Tuesday, hitting $107.38. The company had a trading volume of 22,147 shares, compared to its average volume of 15,735. YieldMax Target 12 Semiconductor Option Income ETF has a 52-week low of $47.22 and a 52-week high of $107.40. The business has a 50 day moving average of $79.62 and a 200 day moving average of $68.95. The company has a market cap of $64.43 million, a PE ratio of 36.48 and a beta of 2.18.

About YieldMax Target 12 Semiconductor Option Income ETF

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.