Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Up 314.0% in May

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOYGet Free Report) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 486,380 shares, an increase of 314.0% from the May 14th total of 117,490 shares. Based on an average daily volume of 546,572 shares, the short-interest ratio is currently 0.9 days. Approximately 5.9% of the company’s stock are short sold.

Defiance Oil Enhanced Options Income ETF Price Performance

USOY stock opened at $7.72 on Friday. Defiance Oil Enhanced Options Income ETF has a 12-month low of $6.39 and a 12-month high of $10.55. The stock’s 50 day simple moving average is $8.57 and its 200 day simple moving average is $7.63.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, June 12th. Investors of record on Thursday, June 11th were given a dividend of $0.0778 per share. The ex-dividend date of this dividend was Thursday, June 11th.

About Defiance Oil Enhanced Options Income ETF

(Get Free Report)

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.

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