WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Down 97.1% in July

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 2 shares, a drop of 97.1% from the July 15th total of 69 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 683 shares, the days-to-cover ratio is currently 0.0 days.

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 bought a new position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned approximately 9.66% of WEBs Defined Volatility SPY ETF at the end of the most recent reporting period.

WEBs Defined Volatility SPY ETF Price Performance

Shares of DVSP traded up $0.10 during trading hours on Wednesday, hitting $30.27. The company’s stock had a trading volume of 527 shares, compared to its average volume of 813. The business has a 50 day simple moving average of $28.93 and a two-hundred day simple moving average of $27.70. WEBs Defined Volatility SPY ETF has a 52-week low of $23.71 and a 52-week high of $30.37.

About WEBs Defined Volatility SPY ETF

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.