Short Interest in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Expands By 151.6%

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the target of a significant increase in short interest in May. As of May 29th, there was short interest totaling 687 shares, an increase of 151.6% from the May 14th total of 273 shares. Approximately 0.7% of the company’s shares are short sold. Based on an average trading volume of 270 shares, the short-interest ratio is presently 2.5 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC bought a new position in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,581 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned approximately 6.84% of WEBs Defined Volatility QQQ ETF at the end of the most recent reporting period.

WEBs Defined Volatility QQQ ETF Stock Performance

Shares of WEBs Defined Volatility QQQ ETF stock traded up $0.18 during trading on Friday, hitting $31.42. The stock had a trading volume of 1,108 shares, compared to its average volume of 5,748. The stock has a 50 day simple moving average of $29.57 and a 200 day simple moving average of $27.94. WEBs Defined Volatility QQQ ETF has a 1 year low of $21.91 and a 1 year high of $33.28.

About WEBs Defined Volatility QQQ ETF

The WEBs Defined Volatility QQQ ETF (DVQQ) is an exchange-traded fund that is based on the Syntax Defined Volatility Triple Qs index. The fund tracks an index that primarily invests in the Invesco QQQ ETF (QQQ), while alternately allocating between total return swaps and cash positions for a target annual volatility rate of 22%. DVQQ was launched on Dec 16, 2024 and is issued by WEBs.