Volatility Premium Plus ETF (BATS:ZVOL) Short Interest Up 153.3% in July

Volatility Premium Plus ETF (BATS:ZVOL) was the recipient of a significant increase in short interest in the month of July. As of July 15th, there was short interest totaling 90,836 shares, an increase of 153.3% from the June 30th total of 35,861 shares. Based on an average daily volume of 25,697 shares, the days-to-cover ratio is currently 3.5 days. Approximately 7.0% of the shares of the company are short sold.

Institutional Trading of Volatility Premium Plus ETF

An institutional investor recently raised its position in Volatility Premium Plus ETF stock. Cohalo Advisory LLC increased its holdings in shares of Volatility Premium Plus ETF (BATS:ZVOL) by 87.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 23,300 shares of the company’s stock after acquiring an additional 10,900 shares during the period. Volatility Premium Plus ETF makes up approximately 18.8% of Cohalo Advisory LLC’s portfolio, making the stock its biggest holding. Cohalo Advisory LLC owned 1.89% of Volatility Premium Plus ETF worth $254,000 as of its most recent SEC filing.

Volatility Premium Plus ETF Stock Up 0.4%

Volatility Premium Plus ETF stock traded up $0.03 during trading hours on Monday, reaching $7.71. 14,154 shares of the stock were exchanged, compared to its average volume of 39,802. Volatility Premium Plus ETF has a 52-week low of $7.62 and a 52-week high of $13.02. The firm’s 50 day moving average is $8.21 and its 200 day moving average is $9.01.

Volatility Premium Plus ETF Company Profile

The Volatility Premium Plus ETF (ZVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed fund aiming to provide a monthly income stream and inverse exposure to the daily performance of the S&P 500 VIX Mid-Term Futures Index. The fund holds short positions in fourth, fifth, sixth, and seventh month VIX futures contracts. ZVOL was launched on Apr 19, 2023 and is issued by Volatility Shares.