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

-1x Short VIX Futures ETF (BATS:SVIX) was the recipient of some unusual options trading on Wednesday. Stock traders acquired 10,535 call options on the stock. This is an increase of approximately 65% compared to the average volume of 6,366 call options.

-1x Short VIX Futures ETF Trading Up 8.1 %

Shares of SVIX opened at $26.10 on Thursday. The stock’s 50-day moving average is $27.29 and its 200-day moving average is $30.32.

Institutional Investors Weigh In On -1x Short VIX Futures ETF

A hedge fund recently raised its stake in -1x Short VIX Futures ETF stock. Flow Traders U.S. LLC lifted its position in -1x Short VIX Futures ETF (BATS:SVIX) by 130.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 58,950 shares of the company’s stock after buying an additional 33,335 shares during the period. Flow Traders U.S. LLC owned approximately 1.52% of -1x Short VIX Futures ETF worth $1,596,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

-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.