Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Sees Significant Drop in Short Interest

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOYGet Free Report) was the target of a large drop in short interest in July. As of July 31st, there was short interest totaling 77,388 shares, a drop of 75.5% from the July 15th total of 315,526 shares. Approximately 0.9% of the company’s stock are short sold. Based on an average daily volume of 389,425 shares, the short-interest ratio is currently 0.2 days.

Defiance Oil Enhanced Options Income ETF Stock Performance

USOY stock traded up $0.02 during trading on Friday, reaching $6.95. The stock had a trading volume of 202,454 shares, compared to its average volume of 492,149. Defiance Oil Enhanced Options Income ETF has a 1-year low of $6.35 and a 1-year high of $9.58. The firm has a fifty day moving average price of $7.11 and a 200 day moving average price of $7.75.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, August 14th. Shareholders of record on Thursday, August 13th will be issued a dividend of $0.0682 per share. The ex-dividend date is Thursday, August 13th. This is a boost from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.06.

Defiance Oil Enhanced Options Income ETF Company Profile

(Get Free Report)

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.

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