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

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the recipient of a large growth in short interest during 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. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 139 shares, the short-interest ratio is currently 0.5 days.

WEBs Defined Volatility SPY ETF Price Performance

DVSP traded up $0.19 on Friday, reaching $28.41. The company had a trading volume of 1,056 shares, compared to its average volume of 796. WEBs Defined Volatility SPY ETF has a 1 year low of $23.57 and a 1 year high of $30.19. The stock has a 50-day moving average price of $28.92 and a 200-day moving average price of $27.57.

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 bought 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 bought 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned about 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 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.