Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Significant Increase in Short Interest

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQTGet Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 40,600 shares, a growth of 60.5% from the September 15th total of 25,300 shares. Based on an average daily volume of 22,600 shares, the short-interest ratio is currently 1.8 days. Based on an average daily volume of 22,600 shares, the short-interest ratio is currently 1.8 days.

Hedge Funds Weigh In On Defiance Nasdaq 100 Income Target ETF

A hedge fund recently bought a new stake in Defiance Nasdaq 100 Income Target ETF stock. OLD Mission Capital LLC bought a new stake in shares of Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQTFree Report) in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 32,807 shares of the company’s stock, valued at approximately $546,000. OLD Mission Capital LLC owned about 2.67% of Defiance Nasdaq 100 Income Target ETF as of its most recent filing with the Securities & Exchange Commission.

Defiance Nasdaq 100 Income Target ETF Stock Performance

QQQT stock opened at $18.45 on Friday. The firm has a 50 day moving average price of $18.22 and a 200-day moving average price of $17.60. Defiance Nasdaq 100 Income Target ETF has a 52-week low of $14.06 and a 52-week high of $20.09. The firm has a market capitalization of $31.92 million and a price-to-earnings ratio of 30.50.

Defiance Nasdaq 100 Income Target ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, October 2nd. Stockholders of record on Wednesday, October 1st were issued a dividend of $0.3224 per share. The ex-dividend date was Wednesday, October 1st.

About Defiance Nasdaq 100 Income Target ETF

(Get Free Report)

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.

Further Reading

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