WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Sees Significant Decrease in Short Interest

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the target of a large decrease in short interest in the month of March. As of March 31st, there was short interest totaling 269 shares, a decrease of 97.3% from the March 15th total of 10,039 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 9,336 shares, the short-interest ratio is presently 0.0 days.

Institutional Investors Weigh In On WEBs Defined Volatility QQQ ETF

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) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor 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 quarter.

WEBs Defined Volatility QQQ ETF Price Performance

DVQQ traded up $0.03 during midday trading on Friday, hitting $26.18. 600 shares of the company traded hands, compared to its average volume of 8,018. The company’s 50-day moving average is $26.11 and its 200 day moving average is $27.17. WEBs Defined Volatility QQQ ETF has a 52 week low of $19.59 and a 52 week high of $29.14.

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.