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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the target of a significant growth in short interest in July. As of July 15th, there was short interest totaling 315,526 shares, a growth of 340.4% from the June 30th total of 71,644 shares. Currently, 3.5% of the company’s stock are short sold. Based on an average daily volume of 536,721 shares, the days-to-cover ratio is currently 0.6 days.

Defiance Oil Enhanced Options Income ETF Price Performance

NASDAQ USOY opened at $7.73 on Friday. The firm has a 50 day simple moving average of $7.53 and a 200-day simple moving average of $7.69. Defiance Oil Enhanced Options Income ETF has a one year low of $6.35 and a one year high of $9.58.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, July 24th. Shareholders of record on Thursday, July 23rd were given a $0.0702 dividend. The ex-dividend date of this dividend was Thursday, July 23rd. This is a boost from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.05.

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.