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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 156,635 shares, an increase of 102.4% from the July 30th total of 77,388 shares. Currently, 1.8% of the company’s shares are sold short. Based on an average daily trading volume, of 338,464 shares, the days-to-cover ratio is presently 0.5 days.

Defiance Oil Enhanced Options Income ETF Stock Down 0.3%

Shares of USOY opened at $6.93 on Friday. Defiance Oil Enhanced Options Income ETF has a 1-year low of $6.35 and a 1-year high of $9.58. The firm’s 50-day moving average price is $6.98 and its 200-day moving average price is $7.76.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were issued a dividend of $0.0589 per share. The ex-dividend date was Thursday, August 27th.

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.