Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Large Growth in Short Interest

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) saw a large increase in short interest in November. As of November 15th, there was short interest totalling 22,800 shares, an increase of 406.7% from the October 31st total of 4,500 shares. Based on an average daily volume of 22,000 shares, the short-interest ratio is presently 1.0 days.

Defiance Nasdaq 100 Income Target ETF Trading Down 0.8 %

QQQT stock traded down $0.16 during midday trading on Thursday, reaching $19.26. 11,127 shares of the company’s stock traded hands, compared to its average volume of 24,861. The firm has a fifty day simple moving average of $19.20. Defiance Nasdaq 100 Income Target ETF has a 52 week low of $17.26 and a 52 week high of $20.71.

Defiance Nasdaq 100 Income Target ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.3213 per share. This is a positive change from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.32. This represents a $3.86 dividend on an annualized basis and a dividend yield of 20.01%. The ex-dividend date was Friday, November 1st.