2x Long VIX Futures ETF (BATS:UVIX – Get Free Report) saw a large drop in short interest in the month of July. As of July 15th, there was short interest totaling 967,088 shares, a drop of 93.0% from the June 30th total of 13,837,271 shares. Currently, 4.9% of the company’s shares are short sold. Based on an average daily trading volume, of 1,306,885 shares, the days-to-cover ratio is currently 0.7 days.
2x Long VIX Futures ETF Stock Performance
Shares of BATS:UVIX traded down $1.65 during mid-day trading on Friday, hitting $62.05. The company had a trading volume of 1,657,579 shares, compared to its average volume of 2,340,194. The firm has a fifty day moving average price of $72.58 and a 200 day moving average price of $109.94. 2x Long VIX Futures ETF has a one year low of $54.59 and a one year high of $417.80.
Institutional Investors Weigh In On 2x Long VIX Futures ETF
Large investors have recently bought and sold shares of the stock. Meritage Portfolio Management bought a new stake in 2x Long VIX Futures ETF in the fourth quarter valued at $81,000. Mariner LLC acquired a new position in shares of 2x Long VIX Futures ETF during the fourth quarter valued at about $86,000. Two Sigma Securities LLC boosted its position in shares of 2x Long VIX Futures ETF by 76.9% during the 2nd quarter. Two Sigma Securities LLC now owns 15,726 shares of the company’s stock worth $353,000 after purchasing an additional 6,838 shares in the last quarter. StoneX Group Inc. bought a new position in shares of 2x Long VIX Futures ETF during the 4th quarter worth about $130,000. Finally, Independent Financial Group LLC bought a new position in shares of 2x Long VIX Futures ETF during the 1st quarter worth about $216,000.
About 2x Long VIX Futures ETF
The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.
Featured Stories
- Five stocks we like better than 2x Long VIX Futures ETF
- AMD and Cerbras Create A New Blueprint For Hardware
- Intel Earnings Reveal Whether the Chip Selloff Created a Buy
- CrowdStrike’s Cerebras Deal Puts Its AI Security Strategy to the Test
- Plugging In: How Kinder Morgan Powers Up Profits
Receive News & Ratings for 2x Long VIX Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for 2x Long VIX Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.
