Volatility Premium Plus ETF (BATS:ZVOL) Short Interest Down 50.1% in July

Volatility Premium Plus ETF (BATS:ZVOL) was the recipient of a significant drop in short interest in the month of July. As of July 31st, there was short interest totaling 45,282 shares, a drop of 50.1% from the July 15th total of 90,836 shares. Based on an average daily volume of 73,257 shares, the short-interest ratio is presently 0.6 days. Approximately 3.5% of the shares of the stock are sold short.

Institutional Trading of Volatility Premium Plus ETF

A hedge fund recently bought a new stake in Volatility Premium Plus ETF stock. Flow Traders U.S. LLC purchased a new stake in Volatility Premium Plus ETF (BATS:ZVOL) during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 17,009 shares of the company’s stock, valued at approximately $202,000. Flow Traders U.S. LLC owned approximately 1.35% of Volatility Premium Plus ETF at the end of the most recent reporting period.

Volatility Premium Plus ETF Stock Performance

Shares of ZVOL opened at $7.95 on Friday. The firm’s 50-day moving average is $8.10 and its two-hundred day moving average is $8.70. Volatility Premium Plus ETF has a twelve month low of $7.62 and a twelve month high of $12.75.

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.