-1x Short VIX Futures ETF Sees Unusually Large Options Volume (BATS:SVIX)

-1x Short VIX Futures ETF (BATS:SVIX) was the recipient of unusually large options trading activity on Monday. Stock investors bought 18,270 call options on the company. This represents an increase of approximately 27% compared to the typical volume of 14,337 call options.

Hedge Funds Weigh In On -1x Short VIX Futures ETF

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

-1x Short VIX Futures ETF Stock Performance

BATS SVIX traded down $13.36 during trading hours on Monday, hitting $10.80. The company had a trading volume of 3,553,759 shares, compared to its average volume of 4,184,736. The business has a 50 day moving average of $19.73 and a 200-day moving average of $24.05. -1x Short VIX Futures ETF has a 1-year low of $9.30 and a 1-year high of $51.59.

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.