Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Down 77.0% in March

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 34,300 shares, a decline of 77.0% from the February 28th total of 149,200 shares. Based on an average trading volume of 66,000 shares, the short-interest ratio is presently 0.5 days. Currently, 2.0% of the company’s stock are sold short.

Defiance Oil Enhanced Options Income ETF Stock Up 0.6 %

NASDAQ:USOY opened at $12.63 on Thursday. Defiance Oil Enhanced Options Income ETF has a twelve month low of $11.75 and a twelve month high of $20.47. The business has a 50 day moving average price of $13.25 and a two-hundred day moving average price of $14.23.

Defiance Oil Enhanced Options Income ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a dividend of $0.706 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.