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

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a large decrease in short interest during the month of September. As of September 15th, there was short interest totaling 41 shares, a decrease of 79.8% from the August 31st total of 203 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 2,172 shares, the days-to-cover ratio is presently 0.0 days.

WEBs Defined Volatility QQQ ETF Stock Performance

NASDAQ DVQQ traded up $0.21 during midday trading on Friday, hitting $33.54. The company had a trading volume of 214 shares, compared to its average volume of 4,060. The firm has a fifty day simple moving average of $31.37 and a two-hundred day simple moving average of $30.00. WEBs Defined Volatility QQQ ETF has a fifty-two week low of $23.73 and a fifty-two week high of $33.65.

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. Envestnet Asset Management Inc. bought a new position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,477 shares of the company’s stock, valued at approximately $303,000. Envestnet Asset Management Inc. owned approximately 18.95% of WEBs Defined Volatility QQQ ETF as of its most recent SEC filing.

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.