Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD – Get Free Report) was the target of a significant increase in short interest in October. As of October 30th, there was short interest totaling 220 shares, an increase of 2,650.0% from the October 15th total of 8 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average daily volume of 1,699 shares, the days-to-cover ratio is currently 0.1 days.
Insider Activity at Inverse VIX Short Term Futures ETN
In related news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the completion of the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at approximately $25,066,092.07. This trade represents a 3.40% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Inverse VIX Short Term Futures ETN Stock Up 1.4%
VYLD traded up $0.43 during trading hours on Wednesday, reaching $31.10. The company’s stock had a trading volume of 2,718 shares, compared to its average volume of 2,058. The company’s 50-day moving average is $31.00 and its 200-day moving average is $29.23. Inverse VIX Short Term Futures ETN has a 52 week low of $25.94 and a 52 week high of $31.46.
About Inverse VIX Short Term Futures ETN
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. large‑cap market.
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