-1x Short VIX Futures ETF (BATS:SVIX) Shares Cross Above 200 Day Moving Average – Time to Sell?

-1x Short VIX Futures ETF (BATS:SVIX – Get Free Report) shares crossed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $23.08 and traded as high as $24.58. -1x Short VIX Futures ETF shares last traded at $24.40, with a volume of 4,575,387 shares.

-1x Short VIX Futures ETF Stock Performance

The company’s fifty day simple moving average is $27.59 and its two-hundred day simple moving average is $23.08.

About -1x Short VIX Futures ETF

(Get Free Report)

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.

Further Reading

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