Investors Buy Large Volume of Call Options on -1x Short VIX Futures ETF (BATS:SVIX)

-1x Short VIX Futures ETF (BATS:SVIX) was the recipient of some unusual options trading activity on Thursday. Stock investors bought 22,361 call options on the stock. This is an increase of approximately 183% compared to the average daily volume of 7,891 call options.

-1x Short VIX Futures ETF Stock Performance

The company’s fifty day simple moving average is $23.18 and its 200-day simple moving average is $25.35. -1x Short VIX Futures ETF has a 1-year low of $12.34 and a 1-year high of $51.59.

Institutional Inflows and Outflows

An institutional investor recently raised its position in -1x Short VIX Futures ETF stock. Selway Asset Management grew its position in -1x Short VIX Futures ETF (BATS:SVIX) by 14.0% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 82,500 shares of the company’s stock after buying an additional 10,100 shares during the quarter. Selway Asset Management owned 2.13% of -1x Short VIX Futures ETF worth $2,093,000 as of its most recent SEC filing.

-1x Short VIX Futures ETF Company Profile

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.