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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a large growth in short interest in September. As of September 30th, there was short interest totaling 155,000 shares, a growth of 311.1% from the September 15th total of 37,700 shares. Based on an average daily volume of 236,900 shares, the days-to-cover ratio is currently 0.7 days. Based on an average daily volume of 236,900 shares, the days-to-cover ratio is currently 0.7 days.

Defiance Oil Enhanced Options Income ETF Price Performance

Shares of USOY opened at $7.06 on Friday. The business’s 50-day moving average price is $8.06 and its 200 day moving average price is $9.21. Defiance Oil Enhanced Options Income ETF has a 1-year low of $7.01 and a 1-year high of $15.35.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, October 17th. Investors of record on Thursday, October 16th were paid a $0.0846 dividend. The ex-dividend date of this dividend was Thursday, October 16th.

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.