Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Short Interest Update

by · The Markets Daily

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) was the recipient of a significant increase in short interest in the month of August. As of August 31st, there was short interest totaling 60,743 shares, an increase of 268.0% from the August 15th total of 16,506 shares. Approximately 2.3% of the shares of the stock are short sold. Based on an average trading volume of 32,409 shares, the short-interest ratio is presently 1.9 days.

Defiance Nasdaq 100 Income Target ETF Trading Up 0.6%

QQQT traded up $0.11 on Friday, hitting $17.66. 15,750 shares of the company’s stock traded hands, compared to its average volume of 35,066. The company’s 50 day simple moving average is $17.91 and its 200-day simple moving average is $17.69. The firm has a market cap of $46.27 million, a price-to-earnings ratio of 30.50 and a beta of 1.27. Defiance Nasdaq 100 Income Target ETF has a one year low of $15.24 and a one year high of $19.45.

Defiance Nasdaq 100 Income Target ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, September 2nd. Stockholders of record on Tuesday, September 1st were given a dividend of $0.3001 per share. The ex-dividend date was Tuesday, September 1st. This is an increase from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.29. This represents a c) annualized dividend and a dividend yield of 20.4%.

Defiance Nasdaq 100 Income Target ETF Company Profile

(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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