Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Drops By 99.9%

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the recipient of a large decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6 shares, a decrease of 99.9% from the June 15th total of 4,027 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average trading volume of 635 shares, the days-to-cover ratio is currently 0.0 days.

WEBs Defined Volatility SPY ETF Trading Up 0.6%

DVSP stock traded up $0.17 during mid-day trading on Friday, hitting $29.27. 215 shares of the company were exchanged, compared to its average volume of 808. The business has a 50 day simple moving average of $28.80 and a 200-day simple moving average of $27.49. WEBs Defined Volatility SPY ETF has a 1-year low of $23.57 and a 1-year high of $30.19.

Institutional Trading of 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 position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the 4th quarter, according to the company in its most recent filing with the Securities and 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 reporting period.

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.