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

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) was the target of a large growth in short interest during the month of May. As of May 29th, there was short interest totaling 9,404 shares, a growth of 549.4% from the May 14th total of 1,448 shares. Currently, 0.4% of the shares of the company are sold short. Based on an average trading volume of 44,049 shares, the short-interest ratio is currently 0.2 days.

Defiance Nasdaq 100 Income Target ETF Stock Performance

NASDAQ QQQT traded up $0.10 on Wednesday, reaching $18.26. 3,574 shares of the company’s stock traded hands, compared to its average volume of 34,390. Defiance Nasdaq 100 Income Target ETF has a fifty-two week low of $15.24 and a fifty-two week high of $19.45. The firm has a market cap of $41.63 million, a price-to-earnings ratio of 30.50 and a beta of 1.24. The stock has a 50 day moving average price of $17.80 and a 200-day moving average price of $17.44.

Defiance Nasdaq 100 Income Target ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, June 1st were issued a $0.3211 dividend. This is a boost from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 21.1%.

About Defiance Nasdaq 100 Income Target ETF

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.