Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Short Interest Update

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQTGet Free Report) was the target of a significant growth in short interest in August. As of August 31st, there was short interest totaling 60,743 shares, a growth of 268.0% from the August 15th total of 16,506 shares. Based on an average daily volume of 32,409 shares, the days-to-cover ratio is currently 1.9 days. Approximately 2.3% of the shares of the stock are sold short.

Defiance Nasdaq 100 Income Target ETF Stock Performance

Shares of QQQT traded up $0.11 during mid-day trading on Friday, reaching $17.66. The stock had a trading volume of 15,750 shares, compared to its average volume of 35,066. The business has a fifty day moving average of $17.91 and a 200 day moving average of $17.69. The firm has a market cap of $46.27 million, a price-to-earnings ratio of 30.50 and a beta of 1.27. Defiance Nasdaq 100 Income Target ETF has a 12 month low of $15.24 and a 12 month high of $19.45.

Defiance Nasdaq 100 Income Target ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, September 2nd. Investors of record on Tuesday, September 1st were issued a $0.3001 dividend. The ex-dividend date of this dividend was Tuesday, September 1st. This represents a c) annualized dividend and a yield of 20.4%. This is an increase from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.29.

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.

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