Short Interest in Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Decreases By 79.5%

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 16,506 shares, a decrease of 79.5% from the July 30th total of 80,441 shares. Based on an average daily trading volume, of 37,186 shares, the short-interest ratio is currently 0.4 days. Approximately 0.6% of the shares of the stock are short sold.

Defiance Nasdaq 100 Income Target ETF Trading Down 0.3%

Shares of Defiance Nasdaq 100 Income Target ETF stock traded down $0.06 on Friday, reaching $18.07. The stock had a trading volume of 31,478 shares, compared to its average volume of 35,277. The business’s 50 day moving average is $18.09 and its two-hundred day moving average is $17.63. 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 $47.34 million, a P/E ratio of 30.50 and a beta of 1.26.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, August 4th. Investors of record on Monday, August 3rd were given a $0.2909 dividend. This represents a c) annualized dividend and a dividend yield of 19.3%. The ex-dividend date was Monday, August 3rd.

About Defiance Nasdaq 100 Income Target ETF

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.