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 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. Approximately 0.2% of the company’s shares are short sold. Based on an average daily volume of 1,605 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

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

WEBs Defined Volatility SPY ETF Price Performance

DVSP traded up $0.13 during midday trading on Friday, reaching $29.52. 1,607 shares of the company were exchanged, compared to its average volume of 847. WEBs Defined Volatility SPY ETF has a one year low of $23.71 and a one year high of $30.64. The stock’s 50-day simple moving average is $29.43 and its 200 day simple moving average is $28.09.

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.