WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 900.0% in August

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the recipient of a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 20 shares, a growth of 900.0% from the July 30th total of 2 shares. Based on an average daily volume of 1,019 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the shares of the company are short sold.

Institutional Trading of WEBs Defined Volatility SPY ETF

An institutional investor recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC purchased a new position in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned approximately 9.66% of WEBs Defined Volatility SPY ETF at the end of the most recent quarter.

WEBs Defined Volatility SPY ETF Stock Performance

NASDAQ:DVSP remained flat at $29.83 during mid-day trading on Wednesday. The company’s stock had a trading volume of 218 shares, compared to its average volume of 851. The company has a 50 day moving average of $29.13 and a two-hundred day moving average of $27.87. WEBs Defined Volatility SPY ETF has a twelve month low of $23.71 and a twelve month high of $30.64.

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.