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

Posted by Donald Scott on Mar 16th, 2025

Defiance Nasdaq 100 Income Target ETF (NASDAQ:QQQT – Get Free Report) saw a large increase in short interest in 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 volume of 25,100 shares, the days-to-cover ratio is currently 0.7 days. Approximately 1.6% of the company’s shares are short sold.

Defiance Nasdaq 100 Income Target ETF Price Performance

QQQT stock traded up $0.43 during trading hours on Friday, reaching $17.01. 8,331 shares of the stock were exchanged, compared to its average volume of 23,739. The firm’s 50-day moving average is $18.64 and its 200-day moving average is $18.99. The company has a market cap of $17.86 million and a price-to-earnings ratio of 31.17. Defiance Nasdaq 100 Income Target ETF has a 12 month low of $16.56 and a 12 month high of $20.71.

Defiance Nasdaq 100 Income Target ETF Cuts Dividend

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

About Defiance Nasdaq 100 Income Target ETF

(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.