Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Update

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) saw a significant decline in short interest in the month of June. As of June 30th, there was short interest totaling 71,644 shares, a decline of 84.9% from the June 15th total of 475,333 shares. Currently, 0.8% of the company’s shares are sold short. Based on an average daily trading volume, of 473,534 shares, the days-to-cover ratio is presently 0.2 days.

Defiance Oil Enhanced Options Income ETF Trading Down 0.2%

Shares of USOY traded down $0.01 during midday trading on Friday, hitting $6.61. The stock had a trading volume of 229,951 shares, compared to its average volume of 508,516. The stock’s 50 day moving average is $7.82 and its 200 day moving average is $7.64. Defiance Oil Enhanced Options Income ETF has a 1 year low of $6.35 and a 1 year high of $9.58.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, July 10th. Stockholders of record on Thursday, July 9th were issued a $0.0511 dividend. The ex-dividend date was Thursday, July 9th.

Defiance Oil Enhanced Options Income ETF Company Profile

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.