Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Short Interest Up 83.5% in February

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQTGet Free Report) was the recipient of a significant increase in short interest during the month of February. As of February 28th, there was short interest totalling 16,700 shares, an increase of 83.5% from the February 13th total of 9,100 shares. Based on an average daily trading volume, of 25,100 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.6% of the shares of the stock are sold short.

Defiance Nasdaq 100 Income Target ETF Price Performance

Shares of Defiance Nasdaq 100 Income Target ETF stock traded up $0.43 during trading on Friday, hitting $17.01. The company’s stock had a trading volume of 8,331 shares, compared to its average volume of 23,739. Defiance Nasdaq 100 Income Target ETF has a 52 week low of $16.56 and a 52 week high of $20.71. The stock has a market cap of $17.86 million and a price-to-earnings ratio of 31.17. The stock has a 50-day moving average price of $18.64 and a two-hundred day moving average price of $18.99.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, March 4th. Investors of record on Monday, March 3rd were issued a $0.3091 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

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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