WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 355.5% in June

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

WEBs Defined Volatility SPY ETF Stock Up 0.1%

Shares of NASDAQ:DVSP traded up $0.03 on Friday, hitting $28.25. 279 shares of the company’s stock were exchanged, compared to its average volume of 853. WEBs Defined Volatility SPY ETF has a 12 month low of $23.20 and a 12 month high of $30.19. The business’s 50 day simple moving average is $28.42 and its two-hundred day simple moving average is $27.37.

Institutional Investors Weigh In On WEBs Defined Volatility SPY ETF

A hedge fund 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 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund 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.

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.