-1x Short VIX Futures ETF (BATS:SVIX) Stock Price Up 2.2% – What’s Next?

-1x Short VIX Futures ETF (BATS:SVIX) shares traded up 2.2% during trading on Tuesday . The company traded as high as $23.87 and last traded at $23.75. 3,416,754 shares traded hands during mid-day trading, The stock had previously closed at $23.25.

-1x Short VIX Futures ETF Trading Up 1.7 %

The firm’s fifty day simple moving average is $27.35 and its 200-day simple moving average is $30.37.

Institutional Inflows and Outflows

An institutional investor recently raised its position in -1x Short VIX Futures ETF stock. Flow Traders U.S. LLC increased its holdings in shares of -1x Short VIX Futures ETF (BATS:SVIX) by 130.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 58,950 shares of the company’s stock after purchasing an additional 33,335 shares during the quarter. Flow Traders U.S. LLC owned approximately 1.52% of -1x Short VIX Futures ETF worth $1,596,000 at the end of the most recent quarter.

-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.