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

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

Defiance Oil Enhanced Options Income ETF Stock Down 2.3%

Shares of NASDAQ:USOY traded down $0.16 during trading on Thursday, reaching $6.93. 188,430 shares of the stock were exchanged, compared to its average volume of 493,993. The firm’s 50-day moving average price is $7.14 and its 200 day moving average price is $7.74. Defiance Oil Enhanced Options Income ETF has a 12-month low of $6.35 and a 12-month high of $9.58.

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 issued a $0.0642 dividend. The ex-dividend date 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.