Short Interest in Defiance R2000 Enhanced Options & 0DTE Income ETF (NYSEARCA:IWMY) Decreases By 37.5%

Defiance R2000 Enhanced Options & 0DTE Income ETF (NYSEARCA:IWMY) was the target of a large decline in short interest in the month of August. As of August 31st, there was short interest totaling 68,763 shares, a decline of 37.5% from the August 15th total of 110,035 shares. Approximately 1.4% of the company’s shares are short sold. Based on an average daily volume of 57,827 shares, the days-to-cover ratio is presently 1.2 days.

Defiance R2000 Enhanced Options & 0DTE Income ETF Stock Performance

Shares of IWMY stock traded up $0.05 on Wednesday, reaching $17.75. The stock had a trading volume of 12,013 shares, compared to its average volume of 61,111. Defiance R2000 Enhanced Options & 0DTE Income ETF has a 1 year low of $17.44 and a 1 year high of $23.53. The company has a 50 day simple moving average of $18.86 and a 200 day simple moving average of $19.08.

Defiance R2000 Enhanced Options & 0DTE Income ETF Company Profile

The Defiance R2000 Enhanced Options Income ETF Defiance R2000 Enhanced Options Income ETF (IWMY) is an exchange-traded fund that mostly invests in small-cap stocks. IWMY, an actively managed ETF, uses an options selling strategy to attempt to provide capped enhanced daily income to the value of the Russell 2000 Index. Secondarily, the fund seeks monthly distributions. IWMY was launched on Oct 30, 2023 and is issued by Defiance.