Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) was the target of a significant growth in short interest in May. As of May 29th, there was short interest totaling 9,404 shares, a growth of 549.4% from the May 14th total of 1,448 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 44,049 shares, the short-interest ratio is currently 0.2 days.
Defiance Nasdaq 100 Income Target ETF Price Performance
Defiance Nasdaq 100 Income Target ETF stock traded up $0.10 during midday trading on Wednesday, reaching $18.26. The company had a trading volume of 3,574 shares, compared to its average volume of 34,390. Defiance Nasdaq 100 Income Target ETF has a 12-month low of $15.24 and a 12-month high of $19.45. The company has a market capitalization of $41.63 million, a P/E ratio of 30.50 and a beta of 1.24. The firm’s fifty day simple moving average is $17.80 and its 200-day simple moving average is $17.44.
Defiance Nasdaq 100 Income Target ETF Increases Dividend
The company also recently announced a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st were given a $0.3211 dividend. This represents a c) annualized dividend and a dividend yield of 21.1%. This is a boost from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.29. The ex-dividend date was Monday, June 1st.
Defiance Nasdaq 100 Income Target ETF Company Profile
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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