Short Interest in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Grows By 241.4%

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a significant growth in short interest in the month of February. As of February 13th, there was short interest totaling 932 shares, a growth of 241.4% from the January 29th total of 273 shares. Based on an average trading volume of 18,452 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.7% of the company’s shares are sold short. Currently, 0.7% of the company’s shares are sold short. Based on an average trading volume of 18,452 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On WEBs Defined Volatility QQQ ETF

A hedge fund recently raised its stake in WEBs Defined Volatility QQQ ETF stock. Tactive Advisors LLC boosted its stake in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) by 69.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,886 shares of the company’s stock after acquiring an additional 15,929 shares during the period. Tactive Advisors LLC owned 27.78% of WEBs Defined Volatility QQQ ETF worth $1,062,000 at the end of the most recent reporting period.

WEBs Defined Volatility QQQ ETF Stock Performance

Shares of WEBs Defined Volatility QQQ ETF stock traded down $0.08 during trading on Friday, reaching $26.62. 119 shares of the stock were exchanged, compared to its average volume of 5,188. WEBs Defined Volatility QQQ ETF has a 1 year low of $18.77 and a 1 year high of $29.14. The stock’s fifty day moving average is $27.41 and its 200 day moving average is $27.16.

WEBs Defined Volatility QQQ ETF Dividend Announcement

The firm also recently disclosed an annual dividend, which was paid on Monday, January 5th. Stockholders of record on Tuesday, December 30th were given a $0.0102 dividend. This represents a dividend yield of 4.0%. The ex-dividend date was Tuesday, December 30th.

About WEBs Defined Volatility QQQ ETF

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.