Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Update

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) saw a significant decrease in short interest during the month of June. As of June 30th, there was short interest totaling 71,644 shares, a decrease of 84.9% from the June 15th total of 475,333 shares. Based on an average daily volume of 473,534 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.8% of the shares of the company are short sold.

Defiance Oil Enhanced Options Income ETF Stock Performance

Shares of NASDAQ USOY traded up $0.44 during trading on Monday, reaching $7.05. 1,108,765 shares of the company traded hands, compared to its average volume of 513,105. The firm’s fifty day simple moving average is $7.82 and its 200 day simple moving average is $7.64. Defiance Oil Enhanced Options Income ETF has a 12-month low of $6.35 and a 12-month high of $9.58.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, July 10th. Investors of record on Thursday, July 9th were issued a dividend of $0.0511 per share. The ex-dividend date of this dividend was Thursday, July 9th.

About Defiance Oil Enhanced Options Income ETF

The Defiance Oil Enhanced Options Income ETF (USOY) is an exchange-traded fund that mostly invests in crude oil commodities. The fund is an actively managed fund that employs a put options strategy that emphasizes current income while providing exposure to the price of United States Oil Fund (USO). The underlying fund holds short-term futures contracts on WTI crude oil. USOY was launched on May 9, 2024 and is issued by Defiance.