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

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target 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. Based on an average daily volume of 139 shares, the short-interest ratio is currently 0.5 days. Currently, 0.1% of the shares of the company are short sold.

WEBs Defined Volatility SPY ETF Trading Up 0.7%

WEBs Defined Volatility SPY ETF stock traded up $0.19 during midday trading on Friday, reaching $28.41. 1,056 shares of the company’s stock were exchanged, compared to its average volume of 796. The stock’s 50-day simple moving average is $28.92 and its 200 day simple moving average is $27.57. WEBs Defined Volatility SPY ETF has a 52 week low of $23.57 and a 52 week high of $30.19.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC bought a new position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) during the fourth quarter, according to its most recent Form 13F filing with the SEC. 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 at the end of the most recent quarter.

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.