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

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 71,644 shares, a decrease of 84.9% from the June 15th total of 475,333 shares. Approximately 0.8% of the company’s shares are short sold. Based on an average trading volume of 473,534 shares, the short-interest ratio is presently 0.2 days.

Defiance Oil Enhanced Options Income ETF Stock Performance

Shares of Defiance Oil Enhanced Options Income ETF stock traded down $0.01 on Friday, hitting $6.61. 229,951 shares of the company traded hands, compared to its average volume of 508,516. The stock’s 50 day moving average price is $7.82 and its 200-day moving average price is $7.64. Defiance Oil Enhanced Options Income ETF has a 52 week low of $6.35 and a 52 week high of $9.58.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, July 10th. Shareholders of record on Thursday, July 9th were issued a $0.0511 dividend. The ex-dividend date was Thursday, July 9th.

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.