Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Announces Dividend Increase – $0.07 Per Share

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) declared a dividend on Wednesday, July 22nd, NASDAQ Dividends reports. Stockholders of record on Thursday, July 23rd will be paid a dividend of 0.0702 per share on Friday, July 24th. The ex-dividend date is Thursday, July 23rd. This is a 27.9% increase from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.05.

Defiance Oil Enhanced Options Income ETF Stock Up 4.6%

Shares of USOY stock traded up $0.35 during trading on Thursday, reaching $7.91. 725,461 shares of the company’s stock were exchanged, compared to its average volume of 507,660. Defiance Oil Enhanced Options Income ETF has a twelve month low of $6.35 and a twelve month high of $9.58. The firm’s fifty day moving average price is $7.57 and its 200-day moving average price is $7.68.

About Defiance Oil Enhanced Options Income ETF

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.