Traders Purchase Large Volume of -1x Short VIX Futures ETF Call Options (BATS:SVIX)

-1x Short VIX Futures ETF (BATS:SVIX) saw unusually large options trading activity on Wednesday. Investors purchased 10,468 call options on the stock. This represents an increase of 70% compared to the typical volume of 6,146 call options.

Institutional Trading of -1x Short VIX Futures ETF

An institutional investor recently raised its position in -1x Short VIX Futures ETF stock. Flow Traders U.S. LLC boosted its stake in -1x Short VIX Futures ETF (BATS:SVIX) by 130.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 58,950 shares of the company’s stock after purchasing an additional 33,335 shares during the period. Flow Traders U.S. LLC owned about 1.52% of -1x Short VIX Futures ETF worth $1,596,000 at the end of the most recent reporting period.

-1x Short VIX Futures ETF Price Performance

Shares of BATS:SVIX opened at $23.87 on Friday. The business’s 50-day moving average is $25.72 and its two-hundred day moving average is $26.90.

-1x Short VIX Futures ETF Company Profile

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.