Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Large Decrease in Short Interest

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) was the target of a significant decline in short interest during the month of May. As of May 15th, there was short interest totaling 1,448 shares, a decline of 94.7% from the April 30th total of 27,558 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 47,166 shares, the short-interest ratio is presently 0.0 days.

Defiance Nasdaq 100 Income Target ETF Price Performance

QQQT traded up $0.07 during trading on Friday, hitting $19.39. The company had a trading volume of 82,703 shares, compared to its average volume of 33,352. Defiance Nasdaq 100 Income Target ETF has a 1-year low of $15.24 and a 1-year high of $19.45. The company has a market cap of $44.21 million, a PE ratio of 30.50 and a beta of 1.19. The business has a 50-day moving average of $17.34 and a 200-day moving average of $17.40.

Defiance Nasdaq 100 Income Target ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Monday, May 4th. Stockholders of record on Friday, May 1st were paid a $0.2939 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 18.2%. The ex-dividend date was Friday, May 1st.

Defiance Nasdaq 100 Income Target ETF Company Profile

The Defiance Nasdaq 100 Income Target ETF (QQQT) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks current annual income of 20% by selling daily index call spreads on the Nasdaq 100. QQQT was launched on Jun 20, 2024 and is issued by Defiance.