WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Sees Large Decrease in Short Interest

WEBs Defined Volatility SPY ETF (NASDAQ:DVSPGet Free Report) was the target of a significant drop in short interest during the month of February. As of February 13th, there was short interest totaling 82 shares, a drop of 38.3% from the January 29th total of 133 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average trading volume of 2,327 shares, the short-interest ratio is presently 0.0 days. Based on an average trading volume of 2,327 shares, the short-interest ratio is presently 0.0 days. Currently, 0.1% of the company’s shares are sold short.

WEBs Defined Volatility SPY ETF Stock Down 0.8%

Shares of NASDAQ DVSP opened at $27.04 on Friday. The firm’s 50-day moving average is $27.51 and its 200-day moving average is $26.82. WEBs Defined Volatility SPY ETF has a 1 year low of $19.26 and a 1 year high of $28.23.

WEBs Defined Volatility SPY ETF Dividend Announcement

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

Hedge Funds Weigh In On WEBs Defined Volatility SPY ETF

An institutional investor recently bought a new position in WEBs Defined Volatility SPY ETF stock. MML Investors Services LLC acquired a new position in shares of WEBs Defined Volatility SPY ETF (NASDAQ:DVSPFree Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 9,663 shares of the company’s stock, valued at approximately $262,000. MML Investors Services LLC owned approximately 9.66% of WEBs Defined Volatility SPY ETF as of its most recent SEC filing.

About WEBs Defined Volatility SPY ETF

(Get Free Report)

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.

Further Reading

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