Stock Traders Purchase High Volume of Call Options on -1x Short VIX Futures ETF (BATS:SVIX)

-1x Short VIX Futures ETF (BATS:SVIX) was the recipient of unusually large options trading on Wednesday. Traders purchased 10,535 call options on the stock. This represents an increase of approximately 65% compared to the typical daily volume of 6,366 call options.

-1x Short VIX Futures ETF Stock Up 8.3 %

Shares of BATS:SVIX opened at $26.16 on Friday. The stock’s 50-day moving average price is $27.25 and its two-hundred day moving average price is $30.29.

Institutional Trading of -1x Short VIX Futures ETF

A hedge fund recently raised its stake in -1x Short VIX Futures ETF stock. Flow Traders U.S. LLC boosted its stake in shares of -1x Short VIX Futures ETF (BATS:SVIX) by 130.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 58,950 shares of the company’s stock after purchasing an additional 33,335 shares during the quarter. Flow Traders U.S. LLC owned 1.52% of -1x Short VIX Futures ETF worth $1,596,000 at the end of the most recent quarter.

About -1x Short VIX Futures ETF

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.