WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Short Interest Update

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

Institutional Investors Weigh In On WEBs Defined Volatility QQQ ETF

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

WEBs Defined Volatility QQQ ETF Stock Performance

Shares of NASDAQ:DVQQ opened at $31.07 on Monday. The firm’s 50 day moving average is $30.71 and its two-hundred day moving average is $28.20. WEBs Defined Volatility QQQ ETF has a 52 week low of $23.21 and a 52 week high of $33.28.

About WEBs Defined Volatility QQQ ETF

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.