WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Short Interest Up 900.0% in August

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) was the target of a significant increase in short interest in the month of August. As of August 14th, there was short interest totaling 20 shares, an increase of 900.0% from the July 30th total of 2 shares. Based on an average daily trading volume, of 1,019 shares, the short-interest ratio is currently 0.0 days. Currently, 0.0% of the company’s shares are short sold.

Institutional Trading of WEBs Defined Volatility SPY ETF

An institutional investor 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 fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent reporting period.

WEBs Defined Volatility SPY ETF Price Performance

Shares of DVSP stock traded up $0.13 on Tuesday, hitting $29.83. The stock had a trading volume of 218 shares, compared to its average volume of 851. WEBs Defined Volatility SPY ETF has a 1 year low of $23.71 and a 1 year high of $30.64. The company’s 50 day moving average price is $29.12 and its 200-day moving average price is $27.85.

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.