WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Short Interest Down 53.6% in June

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the target of a significant decline in short interest during the month of June. As of June 15th, there was short interest totaling 319 shares, a decline of 53.6% from the May 31st total of 687 shares. Based on an average daily volume of 2,589 shares, the days-to-cover ratio is currently 0.1 days. Approximately 0.3% of the company’s stock are short sold.

WEBs Defined Volatility QQQ ETF Trading Down 1.5%

WEBs Defined Volatility QQQ ETF stock traded down $0.46 during midday trading on Tuesday, reaching $31.07. The company’s stock had a trading volume of 13 shares, compared to its average volume of 5,299. The stock’s 50-day simple moving average is $30.79 and its 200-day simple moving average is $28.23. WEBs Defined Volatility QQQ ETF has a 52-week low of $23.21 and a 52-week high of $33.28.

Institutional Investors Weigh In On WEBs Defined Volatility QQQ ETF

An institutional investor recently bought a new stake in WEBs Defined Volatility QQQ ETF stock. MML Investors Services LLC purchased a new position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 9,581 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned 6.84% of WEBs Defined Volatility QQQ ETF as of its most recent filing with the Securities and Exchange Commission.

WEBs Defined Volatility QQQ ETF Company Profile

The WEBs Defined Volatility QQQ ETF (DVQQ) is an exchange-traded fund that is based on the Syntax Defined Volatility Triple Qs index. The fund tracks an index that primarily invests in the Invesco QQQ ETF (QQQ), while alternately allocating between total return swaps and cash positions for a target annual volatility rate of 22%. DVQQ was launched on Dec 16, 2024 and is issued by WEBs.