Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Increases By 355.5%

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 4,027 shares, a growth of 355.5% from the May 31st total of 884 shares. Based on an average trading volume of 1,536 shares, the short-interest ratio is presently 2.6 days. Approximately 6.7% of the shares of the company are short sold.

Institutional Investors Weigh In On WEBs Defined Volatility SPY ETF

An institutional investor recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC acquired a new position in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the 4th 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 about 9.66% of WEBs Defined Volatility SPY ETF at the end of the most recent quarter.

WEBs Defined Volatility SPY ETF Stock Performance

WEBs Defined Volatility SPY ETF stock opened at $28.25 on Monday. The business’s 50-day simple moving average is $28.42 and its 200-day simple moving average is $27.37. WEBs Defined Volatility SPY ETF has a 52 week low of $23.20 and a 52 week high of $30.19.

WEBs Defined Volatility SPY ETF Company Profile

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.