WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 10,950.0% in May

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) saw a large increase in short interest in May. As of May 29th, there was short interest totaling 884 shares, an increase of 10,950.0% from the May 14th total of 8 shares. Approximately 1.5% of the company’s shares are short sold. Based on an average daily volume of 631 shares, the short-interest ratio is currently 1.4 days.

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) during the 4th quarter, according to its most recent Form 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 9.66% of WEBs Defined Volatility SPY ETF at the end of the most recent reporting period.

WEBs Defined Volatility SPY ETF Stock Down 0.5%

NASDAQ DVSP traded down $0.15 during mid-day trading on Tuesday, reaching $28.38. 253 shares of the stock were exchanged, compared to its average volume of 753. WEBs Defined Volatility SPY ETF has a 1-year low of $21.91 and a 1-year high of $30.19. The business’s fifty day simple moving average is $27.48 and its 200 day simple moving average is $27.20.

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.