Short Interest in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Increases By 57.8%

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 273 shares, a growth of 57.8% from the January 15th total of 173 shares. Approximately 0.2% of the shares of the company are sold short. Based on an average trading volume of 260 shares, the short-interest ratio is currently 1.1 days. Based on an average trading volume of 260 shares, the short-interest ratio is currently 1.1 days. Approximately 0.2% of the shares of the company are sold short.

Hedge Funds Weigh In On WEBs Defined Volatility QQQ ETF

A hedge fund recently raised its stake in WEBs Defined Volatility QQQ ETF stock. Tactive Advisors LLC raised its position in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) by 69.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,886 shares of the company’s stock after acquiring an additional 15,929 shares during the quarter. Tactive Advisors LLC owned 27.78% of WEBs Defined Volatility QQQ ETF worth $1,062,000 at the end of the most recent quarter.

WEBs Defined Volatility QQQ ETF Stock Up 0.9%

WEBs Defined Volatility QQQ ETF stock traded up $0.23 during mid-day trading on Friday, reaching $26.50. 659 shares of the company were exchanged, compared to its average volume of 6,519. WEBs Defined Volatility QQQ ETF has a twelve month low of $18.77 and a twelve month high of $29.14. The firm’s 50-day simple moving average is $27.62 and its two-hundred day simple moving average is $27.02.

WEBs Defined Volatility QQQ ETF Dividend Announcement

The business also recently declared an annual dividend, which was paid on Monday, January 5th. Investors of record on Tuesday, December 30th were issued a $0.0102 dividend. This represents a yield of 4.0%. The ex-dividend date was Tuesday, December 30th.

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.