Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) Short Interest Down 70.7% in April

Defiance Oil Enhanced Options Income ETF (NASDAQ:USOY) was the recipient of a significant decrease in short interest in the month of April. As of April 15th, there was short interest totalling 32,000 shares, a decrease of 70.7% from the March 31st total of 109,100 shares. Based on an average daily volume of 76,400 shares, the days-to-cover ratio is presently 0.4 days. Currently, 1.1% of the company’s shares are sold short.

Defiance Oil Enhanced Options Income ETF Stock Up 0.4 %

Shares of NASDAQ USOY opened at $10.87 on Monday. Defiance Oil Enhanced Options Income ETF has a 52 week low of $9.64 and a 52 week high of $20.47. The firm’s fifty day moving average is $11.79 and its 200 day moving average is $13.51.

Defiance Oil Enhanced Options Income ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, April 2nd. Shareholders of record on Tuesday, April 1st were issued a $0.8045 dividend. The ex-dividend date was Tuesday, April 1st. This is a positive change from Defiance Oil Enhanced Options Income ETF’s previous monthly dividend of $0.78. This represents a $9.65 annualized dividend and a yield of 88.81%.

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.