Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Large Drop in Short Interest

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQTGet Free Report) saw a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 1,448 shares, a drop of 94.7% from the April 30th total of 27,558 shares. Based on an average trading volume of 47,166 shares, the days-to-cover ratio is currently 0.0 days. Currently, 0.1% of the shares of the company are short sold.

Defiance Nasdaq 100 Income Target ETF Price Performance

Shares of QQQT stock traded up $0.01 during trading hours on Wednesday, reaching $19.15. 36,610 shares of the company’s stock were exchanged, compared to its average volume of 32,504. The company has a market cap of $43.66 million, a P/E ratio of 30.50 and a beta of 1.19. The company’s 50 day moving average is $17.28 and its two-hundred day moving average is $17.39. Defiance Nasdaq 100 Income Target ETF has a 1 year low of $15.24 and a 1 year high of $19.22.

Defiance Nasdaq 100 Income Target ETF Announces Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, May 4th. Stockholders of record on Friday, May 1st were paid a dividend of $0.2939 per share. This represents a c) dividend on an annualized basis and a dividend yield of 18.4%. The ex-dividend date of this dividend was Friday, May 1st.

Defiance Nasdaq 100 Income Target ETF Company Profile

(Get Free Report)

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.

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