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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) saw a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 77,388 shares, a decline of 75.5% from the July 15th total of 315,526 shares. Currently, 0.9% of the company’s shares are sold short. Based on an average daily trading volume, of 389,425 shares, the days-to-cover ratio is currently 0.2 days.

Defiance Oil Enhanced Options Income ETF Trading Down 2.3%

Shares of USOY stock traded down $0.16 during trading hours on Thursday, hitting $6.93. 188,430 shares of the company were exchanged, compared to its average volume of 493,993. Defiance Oil Enhanced Options Income ETF has a 1 year low of $6.35 and a 1 year high of $9.58. The firm has a fifty day moving average of $7.14 and a 200 day moving average of $7.74.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, August 7th. Investors of record on Thursday, August 6th were given a dividend of $0.0642 per share. The ex-dividend date of this dividend was Thursday, August 6th.

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.