WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) Shares Shorted: Short Interest Up 251.7% in October

WEBs Defined Volatility SPY ETF (NASDAQ:DVSP) saw a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 1,913 shares, a growth of 251.7% from the September 30th total of 544 shares. Currently, 3.8% of the shares of the company are sold short. Based on an average trading volume of 1,023 shares, the short-interest ratio is currently 1.9 days.

WEBs Defined Volatility SPY ETF Stock Performance

NASDAQ DVSP traded up $0.18 on Wednesday, hitting $30.00. 20 shares of the company’s stock traded hands, compared to its average volume of 905. The firm’s 50-day moving average price is $29.80 and its two-hundred day moving average price is $28.29. WEBs Defined Volatility SPY ETF has a 1-year low of $23.71 and a 1-year high of $30.88.

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.