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 activity on Friday. Stock investors acquired 54,556 call options on the stock. This represents an increase of approximately 40% compared to the average volume of 38,845 call options.

2x Long VIX Futures ETF Stock Performance

Shares of UVIX stock opened at $3.90 on Friday. The company’s 50 day moving average price is $3.53 and its two-hundred day moving average price is $4.85.

Institutional Investors Weigh In On 2x Long VIX Futures ETF

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 shares of 2x Long VIX Futures ETF (BATS:UVIX) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor 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.