WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ – Get Free Report) was the recipient of a significant growth in short interest in May. As of May 29th, there was short interest totaling 687 shares, a growth of 151.6% from the May 14th total of 273 shares. Based on an average trading volume of 270 shares, the short-interest ratio is currently 2.5 days. Currently, 0.7% of the company’s shares are sold short.
Hedge Funds Weigh In On WEBs Defined Volatility QQQ ETF
An institutional investor recently bought a new position in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC purchased a new position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 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 quarter.
WEBs Defined Volatility QQQ ETF Stock Performance
Shares of WEBs Defined Volatility QQQ ETF stock traded up $0.18 on Friday, hitting $31.42. 1,108 shares of the company traded hands, compared to its average volume of 5,748. The stock’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 52 week low of $21.91 and a 52 week 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.
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