Short Interest in Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Rises By 218.1%

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 109,100 shares, a growth of 218.1% from the March 15th total of 34,300 shares. Based on an average daily trading volume, of 74,000 shares, the short-interest ratio is currently 1.5 days. Currently, 4.0% of the shares of the stock are short sold.

Defiance Oil Enhanced Options Income ETF Stock Performance

Shares of USOY opened at $10.60 on Thursday. Defiance Oil Enhanced Options Income ETF has a one year low of $9.64 and a one year high of $20.47. The firm has a 50 day simple moving average of $12.17 and a two-hundred day simple moving average of $13.75.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.8045 per share. This is an increase from Defiance Oil Enhanced Options Income ETF’s previous monthly dividend of $0.78. The ex-dividend date was Tuesday, April 1st. This represents a $9.65 annualized dividend and a yield of 91.08%.

About Defiance Oil Enhanced Options Income ETF

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.