Defiance Gold Enhanced Options Income ETF (NASDAQ:GOLI) Stock Short Interest Drops 71.1%

Defiance Gold Enhanced Options Income ETF (NASDAQ:GOLI) was the target of a large drop in short interest in October. As of October 30th, there was short interest totaling 1,134 shares, a drop of 71.1% from the October 15th total of 3,924 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average daily volume of 21,095 shares, the days-to-cover ratio is currently 0.1 days.

Defiance Gold Enhanced Options Income ETF Price Performance

Shares of Defiance Gold Enhanced Options Income ETF stock remained flat at $11.05 during mid-day trading on Friday. 41,622 shares of the company were exchanged, compared to its average volume of 37,329. Defiance Gold Enhanced Options Income ETF has a 1-year low of $5.55 and a 1-year high of $17.98. The company has a fifty day simple moving average of $12.11 and a 200-day simple moving average of $13.93.

Defiance Gold Enhanced Options Income ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Thursday, November 12th. Shareholders of record on Tuesday, November 10th were paid a dividend of $0.0470 per share. This is a positive change from Defiance Gold Enhanced Options Income ETF’s previous dividend of $0.0458. This represents a yield of 2,123.0%. The ex-dividend date of this dividend was Tuesday, November 10th.

About Defiance Gold Enhanced Options Income ETF

Defiance Gold Enhanced Options Income ETF (NASDAQ: GOLI) is an actively managed exchange-traded fund sponsored by Defiance ETFs. The fund is designed to provide investors with exposure to gold while seeking to generate income through an options-based strategy. GOLI generally invests in gold-related assets, including exchange-traded funds that hold physical gold or provide exposure to gold prices. To enhance portfolio income, the fund may write, or sell, call options on gold-related investments. This approach can generate option premiums but may limit some of the potential gains from increases in the price of gold.