2x Long VIX Futures ETF Target of Unusually High Options Trading (BATS:UVIX)

2x Long VIX Futures ETF (BATS:UVIX) was the target of unusually large options trading activity on Thursday. Investors bought 45,890 call options on the company. This is an increase of approximately 32% compared to the typical daily volume of 34,824 call options.

2x Long VIX Futures ETF Price Performance

UVIX stock traded up $0.71 during trading hours on Thursday, reaching $4.13. The stock had a trading volume of 63,763,868 shares. The company’s fifty day moving average is $4.15 and its 200-day moving average is $5.14.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in 2x Long VIX Futures ETF stock. Flow Traders U.S. LLC acquired a new stake in 2x Long VIX Futures ETF (BATS:UVIX) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 69,147 shares of the company’s stock, valued at approximately $326,000. Flow Traders U.S. LLC owned 1.05% of 2x Long VIX Futures ETF as of its most recent SEC filing.

About 2x Long VIX Futures ETF

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.