Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Grows By 900.0%

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

WEBs Defined Volatility SPY ETF Price Performance

Shares of DVSP stock traded up $0.22 during mid-day trading on Thursday, hitting $30.05. The company had a trading volume of 1,006 shares, compared to its average volume of 845. WEBs Defined Volatility SPY ETF has a 52-week low of $23.71 and a 52-week high of $30.64. The stock’s 50 day moving average price is $29.16 and its 200-day moving average price is $27.89.

Institutional Trading of WEBs Defined Volatility SPY ETF

A hedge fund recently bought a new position in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC acquired a new stake in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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 as of its most recent SEC filing.

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.