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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) saw a large increase in short interest in August. As of August 31st, there was short interest totaling 90,100 shares, an increase of 557.7% from the August 15th total of 13,700 shares. Based on an average daily trading volume, of 225,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.4% of the company’s stock are short sold. Currently, 1.4% of the company’s stock are short sold. Based on an average daily trading volume, of 225,500 shares, the days-to-cover ratio is presently 0.4 days.

Defiance Oil Enhanced Options Income ETF Trading Down 3.1%

USOY stock opened at $8.08 on Friday. Defiance Oil Enhanced Options Income ETF has a 12-month low of $8.06 and a 12-month high of $15.69. The company has a 50 day moving average of $8.75 and a two-hundred day moving average of $10.06.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, September 12th. Stockholders of record on Thursday, September 11th will be issued a dividend of $0.1019 per share. The ex-dividend date is Thursday, September 11th. This is an increase from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.07.

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.