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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the target of a significant growth in short interest during the month of July. As of July 15th, there was short interest totaling 315,526 shares, a growth of 340.4% from the June 30th total of 71,644 shares. Based on an average daily volume of 536,721 shares, the days-to-cover ratio is currently 0.6 days. Approximately 3.5% of the company’s stock are short sold.

Defiance Oil Enhanced Options Income ETF Stock Down 6.2%

USOY stock traded down $0.48 on Monday, hitting $7.25. 261,400 shares of the company’s stock were exchanged, compared to its average volume of 505,329. Defiance Oil Enhanced Options Income ETF has a 12-month low of $6.35 and a 12-month high of $9.58. The firm has a 50 day moving average price of $7.53 and a two-hundred day moving average price of $7.70.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, July 24th. Investors of record on Thursday, July 23rd were paid a $0.0702 dividend. This is a boost from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.05. The ex-dividend date was Thursday, July 23rd.

Defiance Oil Enhanced Options Income ETF Company Profile

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.