Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Drops By 97.1%

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) saw a large decrease in short interest during the month of July. As of July 31st, there was short interest totaling 2 shares, a decrease of 97.1% from the July 15th total of 69 shares. Based on an average trading volume of 683 shares, the short-interest ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

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 bought a new stake in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 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 Price Performance

NASDAQ DVSP traded down $0.10 during trading hours on Tuesday, hitting $30.18. The company’s stock had a trading volume of 6,821 shares, compared to its average volume of 815. WEBs Defined Volatility SPY ETF has a 52 week low of $23.71 and a 52 week high of $30.37. The company’s 50-day simple moving average is $28.93 and its two-hundred day simple moving average is $27.70.

About WEBs Defined Volatility SPY ETF

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.