Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Sees Large Growth in Short Interest

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOYGet Free Report) was the recipient of a large growth in short interest in the month of August. As of August 14th, there was short interest totaling 156,635 shares, a growth of 102.4% from the July 30th total of 77,388 shares. Based on an average trading volume of 338,464 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.8% of the shares of the stock are sold short.

Defiance Oil Enhanced Options Income ETF Price Performance

Shares of NASDAQ USOY opened at $6.93 on Monday. The firm has a fifty day moving average of $6.98 and a 200 day moving average of $7.76. Defiance Oil Enhanced Options Income ETF has a one year low of $6.35 and a one year high of $9.58.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, August 28th. Stockholders of record on Thursday, August 27th were paid a dividend of $0.0589 per share. The ex-dividend date of this dividend was Thursday, August 27th.

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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