WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 909.8% in February

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 828 shares, an increase of 909.8% from the February 12th total of 82 shares. Approximately 0.8% of the shares of the stock are short sold. Based on an average daily volume of 1,164 shares, the short-interest ratio is presently 0.7 days. Based on an average daily volume of 1,164 shares, the short-interest ratio is presently 0.7 days. Approximately 0.8% of the shares of the stock are short sold.

WEBs Defined Volatility SPY ETF Stock Performance

DVSP stock opened at $26.46 on Wednesday. WEBs Defined Volatility SPY ETF has a 1 year low of $19.26 and a 1 year high of $28.23. The business has a 50 day simple moving average of $27.37 and a 200-day simple moving average of $26.92.

WEBs Defined Volatility SPY ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were paid a dividend of $0.0754 per share. The ex-dividend date of this dividend was Tuesday, December 30th. This represents a yield of 27.0%.

Institutional Trading of WEBs Defined Volatility SPY ETF

A hedge fund recently bought a new stake in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC purchased 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 fund purchased 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 as of its most recent SEC filing.

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.