Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Declines By 97.1%

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a decrease of 97.1% from the July 15th total of 69 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 683 shares, the days-to-cover ratio is presently 0.0 days.

WEBs Defined Volatility SPY ETF Stock Performance

Shares of DVSP traded up $0.27 during mid-day trading on Thursday, reaching $30.57. 507 shares of the company’s stock were exchanged, compared to its average volume of 812. The business’s fifty day simple moving average is $28.94 and its 200-day simple moving average is $27.72. WEBs Defined Volatility SPY ETF has a 52-week low of $23.71 and a 52-week high of $30.64.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC bought a new position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned 9.66% of WEBs Defined Volatility SPY ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

WEBs Defined Volatility SPY ETF Company Profile

The WEBs Defined Volatility SPY ETF (DVSP) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index that primarily invests in the SPDR S&P 500 ETF (SPY), while alternately allocating between total return swaps and cash positions for a target annual volatility rate of 20%. DVSP was launched on Dec 16, 2024 and is issued by WEBs.