Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD – Get Free Report) was the recipient of a large increase in short interest during the month of August. As of August 14th, there was short interest totaling 440 shares, an increase of 327.2% from the July 30th total of 103 shares. Based on an average daily volume of 980 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.0% of the shares of the company are sold short.
Insider Activity at Inverse VIX Short Term Futures ETN
In related news, insider Robin Leopold sold 2,500 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total value of $903,525.00. Following the completion of the sale, the insider owned 73,547 shares in the company, valued at approximately $26,580,621.27. This trade represents a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the completion of the sale, the general counsel directly owned 40,961 shares in the company, valued at approximately $13,547,031.53. The trade was a 11.78% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Inverse VIX Short Term Futures ETN Trading Up 0.2%
NYSEARCA:VYLD traded up $0.05 during mid-day trading on Thursday, hitting $30.78. The stock had a trading volume of 154 shares, compared to its average volume of 2,186. Inverse VIX Short Term Futures ETN has a twelve month low of $25.94 and a twelve month high of $30.82. The company’s 50 day simple moving average is $29.90 and its 200 day simple moving average is $28.62.
Vanguard S&P 500 Covered Call ETF (NYSEARCA: VYLD) is an exchange-traded fund managed by Vanguard that combines broad exposure to large-cap U.S. equities with an options overlay designed to generate incremental income. The fund holds a portfolio intended to approximate the performance of the S&P 500 and implements a covered‑call (buy‑write) strategy, selling call options against the equity exposure to capture option premiums. This approach seeks to provide higher income than a plain‑vanilla S&P 500 index fund while maintaining substantial participation in the U.S.
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