ProShares Short VIX Short-Term Futures ETF Sees Unusually High Options Volume (BATS:SVXY)

ProShares Short VIX Short-Term Futures ETF (BATS:SVXYGet Free Report) was the recipient of unusually large options trading activity on Thursday. Stock investors purchased 7,987 call options on the company. This is an increase of approximately 434% compared to the average volume of 1,496 call options.

ProShares Short VIX Short-Term Futures ETF Stock Up 0.7%

SVXY stock traded up $0.37 on Thursday, hitting $55.53. 1,087,881 shares of the company’s stock were exchanged, compared to its average volume of 2,215,489. ProShares Short VIX Short-Term Futures ETF has a 12-month low of $42.02 and a 12-month high of $57.46. The firm has a 50 day moving average price of $52.77 and a two-hundred day moving average price of $52.17.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Spire Wealth Management purchased a new position in shares of ProShares Short VIX Short-Term Futures ETF during the 4th quarter valued at about $28,000. Headlands Technologies LLC acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the second quarter worth about $33,000. JPMorgan Chase & Co. acquired a new stake in ProShares Short VIX Short-Term Futures ETF during the third quarter worth about $201,000. HRT Financial LP purchased a new position in ProShares Short VIX Short-Term Futures ETF during the fourth quarter valued at approximately $227,000. Finally, Sig Brokerage LP acquired a new position in ProShares Short VIX Short-Term Futures ETF in the third quarter valued at approximately $229,000.

About ProShares Short VIX Short-Term Futures ETF

(Get Free Report)

The ProShares Short VIX Short-Term Futures ETF (SVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides inverse exposure to an index comprising first- and second-month VIX future positions resulting in a weighted average maturity of one month. SVXY was launched on Oct 3, 2011 and is managed by ProShares.

Featured Articles

Receive News & Ratings for ProShares Short VIX Short-Term Futures ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short VIX Short-Term Futures ETF and related companies with MarketBeat.com's FREE daily email newsletter.