Short Interest in WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Declines By 53.6%

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the recipient of a significant decline in short interest in 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. Approximately 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 2,589 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in WEBs Defined Volatility QQQ ETF stock. Tactive Advisors LLC increased its position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) by 69.4% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 38,886 shares of the company’s stock after purchasing an additional 15,929 shares during the quarter. Tactive Advisors LLC owned 27.78% of WEBs Defined Volatility QQQ ETF worth $1,062,000 at the end of the most recent reporting period.

WEBs Defined Volatility QQQ ETF Price Performance

Shares of NASDAQ DVQQ traded down $0.31 on Wednesday, hitting $31.61. The company had a trading volume of 111 shares, compared to its average volume of 5,216. WEBs Defined Volatility QQQ ETF has a 12-month low of $23.57 and a 12-month high of $33.28. The business has a 50 day moving average of $30.85 and a two-hundred day moving average of $28.25.

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.