WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Short Interest Down 95.1% in August

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a significant drop in short interest during the month of August. As of August 14th, there was short interest totaling 201 shares, a drop of 95.1% from the July 30th total of 4,103 shares. Based on an average daily volume of 2,153 shares, the short-interest ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are sold short.

WEBs Defined Volatility QQQ ETF Trading Up 0.6%

NASDAQ DVQQ traded up $0.18 on Tuesday, reaching $31.15. 258 shares of the company’s stock traded hands, compared to its average volume of 4,289. The stock has a 50 day moving average price of $31.20 and a 200-day moving average price of $29.16. WEBs Defined Volatility QQQ ETF has a fifty-two week low of $23.73 and a fifty-two week high of $33.28.

Hedge Funds Weigh In On WEBs Defined Volatility QQQ ETF

A hedge fund recently bought a new position in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC bought a new position in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 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 as of its most recent SEC filing.

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.