WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Short Interest Update

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the target of a significant growth in short interest in July. As of July 31st, there was short interest totaling 4,103 shares, a growth of 687.5% from the July 15th total of 521 shares. Based on an average daily trading volume, of 681 shares, the days-to-cover ratio is currently 6.0 days. Currently, 6.8% of the company’s shares are sold short.

WEBs Defined Volatility QQQ ETF Price Performance

Shares of DVQQ stock traded up $0.01 on Thursday, hitting $31.73. The stock had a trading volume of 1,003 shares, compared to its average volume of 4,444. WEBs Defined Volatility QQQ ETF has a 1 year low of $23.73 and a 1 year high of $33.28. The company’s 50 day moving average price is $31.16 and its 200-day moving average price is $28.97.

Institutional Trading of WEBs Defined Volatility QQQ ETF

A hedge fund recently bought a new position in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC acquired a new stake in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 9,581 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned 6.84% of WEBs Defined Volatility QQQ ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

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.