WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Update

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a large growth in short interest in the month of August. As of August 31st, there was short interest totaling 117 shares, a growth of 485.0% from the August 15th total of 20 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average daily trading volume, of 1,605 shares, the days-to-cover ratio is presently 0.1 days.

WEBs Defined Volatility SPY ETF Stock Performance

DVSP stock traded up $0.13 during midday trading on Friday, hitting $29.52. 1,607 shares of the company’s stock were exchanged, compared to its average volume of 847. WEBs Defined Volatility SPY ETF has a one year low of $23.71 and a one year high of $30.64. The stock’s fifty day moving average price is $29.43 and its 200-day moving average price is $28.09.

Hedge Funds Weigh In On WEBs Defined Volatility SPY ETF

An institutional investor recently bought a new position 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) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm 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 SEC.

About WEBs Defined Volatility SPY ETF

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.