Short Interest in Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) Increases By 87.2%

Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) was the target of a significant growth in short interest in March. As of March 13th, there was short interest totaling 31,077 shares, a growth of 87.2% from the February 26th total of 16,605 shares. Based on an average daily trading volume, of 20,067 shares, the days-to-cover ratio is presently 1.5 days. Approximately 1.4% of the shares of the stock are short sold.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Price Performance

Shares of NYSEARCA WDTE traded down $0.42 during mid-day trading on Friday, reaching $27.85. The company’s stock had a trading volume of 23,141 shares, compared to its average volume of 21,046. The stock has a 50-day moving average of $30.40 and a two-hundred day moving average of $31.95. Defiance S&P 500 Enhanced Options & 0DTE Income ETF has a 1-year low of $27.41 and a 1-year high of $35.67.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, February 27th. Shareholders of record on Thursday, February 26th were issued a $0.1844 dividend. The ex-dividend date was Thursday, February 26th. This represents a yield of 3,013.0%.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Company Profile

The Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks to provide enhanced monthly income by placing bullish bets on the S&P 500 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index. WDTE was launched on Sep 18, 2023 and is issued by Defiance.