Short Interest in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Increases By 1,529.7%

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) saw a significant growth in short interest in March. As of March 13th, there was short interest totaling 10,039 shares, a growth of 1,529.7% from the February 26th total of 616 shares. Based on an average daily volume of 18,619 shares, the days-to-cover ratio is currently 0.5 days. Currently, 7.2% of the company’s stock are sold short.

Institutional Inflows and Outflows

An institutional investor recently raised its position in WEBs Defined Volatility QQQ ETF stock. Tactive Advisors LLC lifted its holdings in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) by 69.4% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 38,886 shares of the company’s stock after purchasing an additional 15,929 shares during the quarter. Tactive Advisors LLC owned 27.78% of WEBs Defined Volatility QQQ ETF worth $1,062,000 at the end of the most recent quarter.

WEBs Defined Volatility QQQ ETF Stock Up 0.9%

Shares of WEBs Defined Volatility QQQ ETF stock opened at $25.42 on Thursday. WEBs Defined Volatility QQQ ETF has a 52-week low of $18.77 and a 52-week high of $29.14. The company has a 50-day simple moving average of $26.78 and a two-hundred day simple moving average of $27.29.

WEBs Defined Volatility QQQ ETF Dividend Announcement

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

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.