Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) Short Interest Up 12,075.0% in July

Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 97,400 shares, anincreaseof12,075.0% from the July 15th total of 800 shares. Based on an average daily volume of 76,400 shares, the short-interest ratio is presently 1.3 days. Currently,1.6% of the company’s stock are short sold. Currently,1.6% of the company’s stock are short sold. Based on an average daily volume of 76,400 shares, the short-interest ratio is presently 1.3 days.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Defiance S&P 500 Target Income ETF stock. Virtue Capital Management LLC raised its position in Defiance S&P 500 Target Income ETF (NASDAQ:SPYT) by 11.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 202,335 shares of the company’s stock after acquiring an additional 21,232 shares during the period. Virtue Capital Management LLC owned approximately 3.52% of Defiance S&P 500 Target Income ETF worth $3,873,000 at the end of the most recent reporting period.

Defiance S&P 500 Target Income ETF Price Performance

NASDAQ SPYT opened at $18.28 on Friday. The firm’s fifty day moving average price is $17.98 and its 200 day moving average price is $17.81. The company has a market capitalization of $110.59 million and a price-to-earnings ratio of 24.93. Defiance S&P 500 Target Income ETF has a 12 month low of $14.87 and a 12 month high of $20.29.

Defiance S&P 500 Target Income ETF Company Profile

The Defiance S&P 500 Target Income ETF (SPYT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund-of-funds seeking to provide current income through option premiums from daily S&P 500 call spreads. The secondary objective of the fund is to seek exposure to the indexs performance.