2x Long VIX Futures ETF Sees Unusually Large Options Volume (BATS:UVIX)

2x Long VIX Futures ETF (BATS:UVIX) was the recipient of unusually large options trading on Thursday. Traders purchased 45,890 call options on the stock. This is an increase of approximately 32% compared to the average volume of 34,824 call options.

2x Long VIX Futures ETF Stock Performance

Shares of UVIX opened at $3.83 on Friday. The stock’s 50-day simple moving average is $4.12 and its 200-day simple moving average is $5.13.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in 2x Long VIX Futures ETF stock. Flow Traders U.S. LLC purchased a new position in 2x Long VIX Futures ETF (BATS:UVIX) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 69,147 shares of the company’s stock, valued at approximately $326,000. Flow Traders U.S. LLC owned approximately 1.05% of 2x Long VIX Futures ETF at the end of the most recent quarter.

2x Long VIX Futures ETF Company Profile

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.