Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Significant Increase in Short Interest

by · The Cerbat Gem

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) was the recipient of a large increase in short interest in August. As of August 15th, there was short interest totaling 9,400 shares, anincreaseof42.4% from the July 31st total of 6,600 shares. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is currently 0.5 days. Based on an average trading volume of 19,700 shares, the days-to-cover ratio is currently 0.5 days.

Defiance Nasdaq 100 Income Target ETF Stock Performance

QQQT stock traded up $0.03 during trading on Monday, reaching $17.94. The company had a trading volume of 14,033 shares, compared to its average volume of 20,902. The firm has a 50-day simple moving average of $18.02 and a 200-day simple moving average of $17.33. The company has a market cap of $26.01 million and a price-to-earnings ratio of 30.50. Defiance Nasdaq 100 Income Target ETF has a twelve month low of $14.06 and a twelve month high of $20.09.

Defiance Nasdaq 100 Income Target ETF Announces Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, September 3rd. Shareholders of record on Tuesday, September 2nd were issued a $0.3186 dividend. This represents a c) annualized dividend and a yield of 21.3%. The ex-dividend date of this dividend was Tuesday, September 2nd.

Hedge Funds Weigh In On Defiance Nasdaq 100 Income Target ETF

A hedge fund recently bought a new stake in Defiance Nasdaq 100 Income Target ETF stock. OLD Mission Capital LLC purchased a new position in Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Free Report) during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 32,807 shares of the company’s stock, valued at approximately $546,000. OLD Mission Capital LLC owned about 2.67% of Defiance Nasdaq 100 Income Target ETF at the end of the most recent reporting period.

About Defiance Nasdaq 100 Income Target ETF

(Get Free Report)

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.

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