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

-1x Short VIX Futures ETF (BATS:SVIX) was the recipient of some unusual options trading on Thursday. Stock investors bought 22,361 call options on the company. This is an increase of approximately 183% compared to the typical daily volume of 7,891 call options.

-1x Short VIX Futures ETF Price Performance

-1x Short VIX Futures ETF has a twelve month low of $12.34 and a twelve month high of $51.59. The business has a fifty day moving average price of $23.18 and a 200-day moving average price of $25.35.

Institutional Trading of -1x Short VIX Futures ETF

A hedge fund recently raised its stake in -1x Short VIX Futures ETF stock. Selway Asset Management boosted its holdings in -1x Short VIX Futures ETF (BATS:SVIX) by 14.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 82,500 shares of the company’s stock after buying an additional 10,100 shares during the period. Selway Asset Management owned approximately 2.13% of -1x Short VIX Futures ETF worth $2,093,000 as of its most recent filing with the Securities and Exchange Commission.

About -1x Short VIX Futures ETF

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.