WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 485.0% in August

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) saw a significant increase in short interest in August. As of August 31st, there was short interest totaling 117 shares, an increase of 485.0% from the August 15th total of 20 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average daily volume of 1,605 shares, the days-to-cover ratio is presently 0.1 days.

WEBs Defined Volatility SPY ETF Stock Performance

DVSP traded up $0.53 during trading on Friday, reaching $29.58. 1,608 shares of the company were exchanged, compared to its average volume of 852. The company’s 50-day moving average is $29.44 and its two-hundred day moving average is $28.10. WEBs Defined Volatility SPY ETF has a 12-month low of $23.71 and a 12-month high of $30.64.

Institutional Investors Weigh In On WEBs Defined Volatility SPY ETF

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

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.