WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 909.8% in February

WEBs Defined Volatility SPY ETF (NASDAQ:DVSPGet Free Report) was the recipient of a significant growth in short interest during the month of February. As of February 27th, there was short interest totaling 828 shares, a growth of 909.8% from the February 12th total of 82 shares. Approximately 0.8% of the shares of the stock are sold short. Based on an average trading volume of 1,164 shares, the days-to-cover ratio is presently 0.7 days. Based on an average trading volume of 1,164 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.8% of the shares of the stock are sold short.

WEBs Defined Volatility SPY ETF Price Performance

DVSP stock traded down $0.09 during trading on Tuesday, reaching $26.46. 2,547 shares of the company were exchanged, compared to its average volume of 1,021. The company has a 50-day moving average of $27.37 and a two-hundred day moving average of $26.92. WEBs Defined Volatility SPY ETF has a twelve month low of $19.26 and a twelve month high of $28.23.

WEBs Defined Volatility SPY ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were issued a dividend of $0.0754 per share. The ex-dividend date was Tuesday, December 30th. This represents a dividend yield of 27.0%.

Institutional Investors Weigh In On WEBs Defined Volatility SPY ETF

A hedge fund recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC acquired a new position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSPFree Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned about 9.66% of WEBs Defined Volatility SPY ETF as of its most recent SEC filing.

About WEBs Defined Volatility SPY ETF

(Get Free Report)

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.

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