WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 485.0% in August

WEBs Defined Volatility SPY ETF (NASDAQ:DVSPGet Free Report) saw a significant growth in short interest in 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. Based on an average daily volume of 1,605 shares, the short-interest ratio is currently 0.1 days. Approximately 0.2% of the shares of the stock are short sold.

WEBs Defined Volatility SPY ETF Stock Performance

Shares of WEBs Defined Volatility SPY ETF stock traded up $0.53 during midday trading on Friday, reaching $29.58. The company had a trading volume of 1,608 shares, compared to its average volume of 852. The stock has a fifty day simple moving average of $29.44 and a 200 day simple moving average of $28.10. WEBs Defined Volatility SPY ETF has a 1-year low of $23.71 and a 1-year high of $30.64.

Institutional Investors Weigh In On WEBs Defined Volatility SPY ETF

A hedge fund recently bought a new position in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC purchased a new stake in WEBs Defined Volatility SPY ETF (NASDAQ:DVSPFree Report) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 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.

WEBs Defined Volatility SPY ETF Company Profile

(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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