Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY) Short Interest Up 18.9% in January

Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY) saw a significant increase in short interest in January. As of January 31st, there was short interest totalling 557,800 shares, an increase of 18.9% from the January 15th total of 469,000 shares. Based on an average daily volume of 130,000 shares, the days-to-cover ratio is currently 4.3 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF stock. Anchor Capital Management Group Inc acquired a new position in Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 54,833 shares of the company’s stock, valued at approximately $1,692,000. Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF accounts for about 0.6% of Anchor Capital Management Group Inc’s portfolio, making the stock its 11th biggest holding. Anchor Capital Management Group Inc owned approximately 1.09% of Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF as of its most recent SEC filing.

Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF Price Performance

Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF stock traded up $0.14 during mid-day trading on Friday, reaching $30.44. 95,099 shares of the company’s stock traded hands, compared to its average volume of 123,359. Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF has a 12-month low of $29.15 and a 12-month high of $52.08. The stock has a 50 day moving average of $31.02 and a two-hundred day moving average of $34.00.

Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, February 14th. Stockholders of record on Thursday, February 13th were issued a $0.2256 dividend. The ex-dividend date was Thursday, February 13th. This is a boost from Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF’s previous dividend of $0.23.

About Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF

The Defiance Nasdaq 100 Enhanced Options Income ETF Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY) is an exchange-traded fund that mostly invests in large cap equity. The fund seeks to provide monthly income by actively placing bullish bets on the Nasdaq-100 Index through a 0DTE put option writing strategy.