Short Interest in Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Declines By 58.2%

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a significant drop in short interest in September. As of September 15th, there was short interest totaling 37,700 shares, a drop of 58.2% from the August 31st total of 90,100 shares. Based on an average trading volume of 234,700 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 234,700 shares, the days-to-cover ratio is presently 0.2 days.

Defiance Oil Enhanced Options Income ETF Trading Up 0.1%

NASDAQ USOY opened at $7.51 on Friday. Defiance Oil Enhanced Options Income ETF has a 52 week low of $7.48 and a 52 week high of $15.66. The firm has a 50 day moving average of $8.36 and a two-hundred day moving average of $9.56.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, October 3rd. Shareholders of record on Thursday, October 2nd were paid a $0.0977 dividend. This is a boost from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.10. The ex-dividend date was Thursday, October 2nd.

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.