WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Sees Large Increase in Short Interest

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a significant growth in short interest during the month of 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. Approximately 0.7% of the shares of the company are short sold. Based on an average daily trading volume, of 270 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Investors 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 acquired a new stake in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 9,581 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned about 6.84% of WEBs Defined Volatility QQQ ETF at the end of the most recent reporting period.

WEBs Defined Volatility QQQ ETF Price Performance

Shares of DVQQ traded up $0.18 during trading hours on Friday, reaching $31.42. 1,108 shares of the company traded hands, compared to its average volume of 5,748. WEBs Defined Volatility QQQ ETF has a 12-month low of $21.91 and a 12-month high of $33.28. The business has a fifty day moving average price of $29.57 and a 200-day moving average price of $27.94.

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.