Short Interest in Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) Declines By 77.3%

Defiance S&P 500 Enhanced Options & 0DTE Income ETF (NYSEARCA:WDTE) saw a large decline in short interest in the month of May. As of May 29th, there was short interest totaling 18,613 shares, a decline of 77.3% from the May 14th total of 82,141 shares. Approximately 0.9% of the company’s shares are short sold. Based on an average daily trading volume, of 20,346 shares, the days-to-cover ratio is presently 0.9 days.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Trading Down 0.4%

WDTE opened at $30.05 on Wednesday. The firm’s fifty day moving average is $30.27 and its two-hundred day moving average is $30.84. Defiance S&P 500 Enhanced Options & 0DTE Income ETF has a twelve month low of $27.41 and a twelve month high of $34.65.

Defiance S&P 500 Enhanced Options & 0DTE Income ETF Company Profile

The Defiance S&P 500 Enhanced Options & 0DTE Income ETF (WDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund that seeks to provide enhanced monthly income by placing bullish bets on the S&P 500 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index. WDTE was launched on Sep 18, 2023 and is issued by Defiance.