Short Interest in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Expands By 1,050.0%

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a significant growth in short interest in the month of July. As of July 15th, there was short interest totaling 69 shares, a growth of 1,050.0% from the June 30th total of 6 shares. Based on an average daily trading volume, of 139 shares, the short-interest ratio is presently 0.5 days. Currently, 0.1% of the shares of the company are sold short.

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 bought a new stake in WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the fourth quarter, according to the company in its most recent disclosure with the Securities and 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 as of its most recent filing with the Securities and Exchange Commission.

WEBs Defined Volatility SPY ETF Stock Up 0.7%

Shares of DVSP stock traded up $0.19 during mid-day trading on Friday, hitting $28.41. The stock had a trading volume of 1,056 shares, compared to its average volume of 796. WEBs Defined Volatility SPY ETF has a fifty-two week low of $23.57 and a fifty-two week high of $30.19. The company’s 50-day simple moving average is $28.92 and its 200-day simple moving average is $27.57.

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.