Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) saw a large drop in short interest during the month of August. As of August 14th, there was short interest totaling 16,506 shares, a drop of 79.5% from the July 30th total of 80,441 shares. Based on an average daily trading volume, of 37,186 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.6% of the shares of the company are sold short.
Defiance Nasdaq 100 Income Target ETF Stock Performance
Shares of NASDAQ QQQT traded down $0.01 during midday trading on Wednesday, hitting $17.89. The company’s stock had a trading volume of 6,022 shares, compared to its average volume of 34,969. Defiance Nasdaq 100 Income Target ETF has a 1-year low of $15.24 and a 1-year high of $19.45. The firm’s fifty day moving average price is $18.12 and its 200-day moving average price is $17.61. The firm has a market cap of $46.87 million, a P/E ratio of 30.50 and a beta of 1.26.
Defiance Nasdaq 100 Income Target ETF Cuts Dividend
The firm also recently announced a monthly dividend, which was paid on Tuesday, August 4th. Shareholders of record on Monday, August 3rd were issued a $0.2909 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) dividend on an annualized basis and a yield of 19.5%.
About Defiance Nasdaq 100 Income Target ETF
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.
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