Short Interest in Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) Expands By 67.1%

Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) saw a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 45,962 shares, a growth of 67.1% from the June 30th total of 27,499 shares. Currently, 2.0% of the company’s shares are sold short. Based on an average daily volume of 18,985 shares, the days-to-cover ratio is currently 2.4 days.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Price Performance

Shares of NYSEARCA WDTE traded up $0.22 during midday trading on Friday, reaching $29.25. 19,897 shares of the company’s stock traded hands, compared to its average volume of 21,830. Defiance S&P 500 Enhanced Options & 0DTE Income ETF has a one year low of $27.41 and a one year high of $34.57. The stock’s 50 day simple moving average is $30.01 and its 200-day simple moving average is $30.23.

Institutional Investors Weigh In On Defiance S&P 500 Enhanced Options & 0DTE Income ETF

A hedge fund recently bought a new position in Defiance S&P 500 Enhanced Options & 0DTE Income ETF stock. CoreCap Advisors LLC purchased a new position in Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 4,700 shares of the company’s stock, valued at approximately $141,000. CoreCap Advisors LLC owned 0.21% of Defiance S&P 500 Enhanced Options & 0DTE Income ETF at the end of the most recent quarter.

About Defiance S&P 500 Enhanced Options & 0DTE Income ETF

The Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks to provide enhanced monthly income by placing bullish bets on the S&P 500 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index. WDTE was launched on Sep 18, 2023 and is issued by Defiance.