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) was the target of a large growth in short interest in the month of January. As of January 31st, there was short interest totalling 557,800 shares, a growth 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.

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

Shares of NASDAQ QQQY traded up $0.14 during midday trading on Friday, reaching $30.44. 95,099 shares of the stock were exchanged, compared to its average volume of 123,359. Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF has a twelve month low of $29.15 and a twelve month high of $52.08. The firm has a 50-day simple moving average of $31.02 and a two-hundred day simple 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. Investors of record on Thursday, February 13th were paid 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.

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 stake in Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (NASDAQ:QQQY) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 54,833 shares of the company’s stock, valued at approximately $1,692,000. Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF makes up about 0.6% of Anchor Capital Management Group Inc’s investment portfolio, making the stock its 11th largest position. Anchor Capital Management Group Inc owned 1.09% of Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF at the end of the most recent quarter.

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.