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

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totaling 4,027 shares, a growth of 355.5% from the May 31st total of 884 shares. Based on an average daily volume of 1,536 shares, the days-to-cover ratio is currently 2.6 days. Approximately 6.7% of the company’s shares are short sold.

WEBs Defined Volatility SPY ETF Price Performance

Shares of NASDAQ:DVSP traded up $0.03 during midday trading on Friday, reaching $28.25. The company’s stock had a trading volume of 279 shares, compared to its average volume of 853. The business has a 50 day moving average price of $28.42 and a 200 day moving average price of $27.37. WEBs Defined Volatility SPY ETF has a 1 year low of $23.20 and a 1 year high of $30.19.

Institutional Trading of WEBs Defined Volatility SPY ETF

A hedge fund recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC purchased a new stake in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 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 at the end of the most recent reporting period.

WEBs Defined Volatility SPY ETF Company Profile

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.