WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) Sees Large Increase in Short Interest

WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) was the target of a large growth in short interest during the month of October. As of October 15th, there was short interest totaling 14,500 shares, a growth of 55.9% from the September 30th total of 9,300 shares. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 9.7 days. Currently, 12.1% of the shares of the company are short sold. Currently, 12.1% of the shares of the company are short sold. Based on an average daily volume of 1,500 shares, the short-interest ratio is currently 9.7 days.

WEBs Defined Volatility QQQ ETF Price Performance

WEBs Defined Volatility QQQ ETF stock opened at $28.79 on Tuesday. WEBs Defined Volatility QQQ ETF has a fifty-two week low of $18.77 and a fifty-two week high of $29.14. The stock has a 50-day simple moving average of $26.94 and a 200-day simple moving average of $24.23.

Institutional Trading of WEBs Defined Volatility QQQ ETF

An institutional investor recently bought a new position in WEBs Defined Volatility QQQ ETF stock. Tactive Advisors LLC acquired a new position in shares of WEBs Defined Volatility QQQ ETF (NASDAQ:DVQQ) in the third quarter, according to its most recent disclosure with the SEC. The firm acquired 22,957 shares of the company’s stock, valued at approximately $630,000. Tactive Advisors LLC owned 19.13% of WEBs Defined Volatility QQQ ETF at the end of the most recent quarter.

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%.