Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Down 84.1% in October

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 24,700 shares, a drop of 84.1% from the September 30th total of 155,000 shares. Based on an average trading volume of 201,500 shares, the short-interest ratio is presently 0.1 days. Approximately 0.3% of the company’s shares are sold short. Approximately 0.3% of the company’s shares are sold short. Based on an average trading volume of 201,500 shares, the short-interest ratio is presently 0.1 days.

Defiance Oil Enhanced Options Income ETF Trading Up 0.1%

Shares of Defiance Oil Enhanced Options Income ETF stock opened at $7.29 on Tuesday. The business has a 50-day moving average price of $7.91 and a two-hundred day moving average price of $9.06. Defiance Oil Enhanced Options Income ETF has a 1-year low of $7.00 and a 1-year high of $15.23.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, October 24th. Shareholders of record on Thursday, October 23rd were issued a dividend of $0.0855 per share. The ex-dividend date was Thursday, October 23rd. This is an increase from Defiance Oil Enhanced Options Income ETF’s previous dividend of $0.08.

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.