Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT) Sees Large Growth in Short Interest

by · The Cerbat Gem

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) was the target of a significant growth in short interest in November. As of November 15th, there was short interest totalling 22,800 shares, a growth of 406.7% from the October 31st total of 4,500 shares. Based on an average daily trading volume, of 22,000 shares, the days-to-cover ratio is presently 1.0 days.

Defiance Nasdaq 100 Income Target ETF Trading Down 0.8 %

NASDAQ QQQT traded down $0.16 during trading on Thursday, hitting $19.26. 11,127 shares of the company’s stock were exchanged, compared to its average volume of 24,861. Defiance Nasdaq 100 Income Target ETF has a fifty-two week low of $17.26 and a fifty-two week high of $20.71. The firm’s 50 day moving average price is $19.20.

Defiance Nasdaq 100 Income Target ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, November 4th. Investors of record on Friday, November 1st were given a dividend of $0.3213 per share. This represents a $3.86 dividend on an annualized basis and a yield of 20.01%. This is a boost from Defiance Nasdaq 100 Income Target ETF’s previous monthly dividend of $0.32. The ex-dividend date was Friday, November 1st.

See Also