WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Short Interest Up 151.6% in May

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) saw a large 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. Based on an average daily volume of 270 shares, the short-interest ratio is presently 2.5 days. Approximately 0.7% of the shares of the stock are short sold.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC acquired a new position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 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 Up 0.6%

NASDAQ DVQQ traded up $0.18 during trading hours on Friday, reaching $31.42. The company’s stock had a trading volume of 1,108 shares, compared to its average volume of 5,748. The firm’s 50-day moving average price is $29.57 and its 200-day moving average price is $27.94. WEBs Defined Volatility QQQ ETF has a 1 year low of $21.91 and a 1 year high of $33.28.

WEBs Defined Volatility QQQ ETF Company Profile

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.