Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Trading Up 1.8% – Time to Buy?

Shares of Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) traded up 1.8% during trading on Monday . The company traded as high as $27.28 and last traded at $27.28. 90 shares traded hands during trading, a decline of 96% from the average session volume of 2,226 shares. The stock had previously closed at $26.79.

Inverse VIX Short Term Futures ETN Trading Down 1.8%

The company has a fifty day moving average of $27.89.

Insiders Place Their Bets

In other Inverse VIX Short Term Futures ETN news, CEO Troy L. Rohrbaugh sold 50,000 shares of the company’s stock in a transaction dated Thursday, February 19th. The shares were sold at an average price of $307.11, for a total transaction of $15,355,500.00. Following the completion of the sale, the chief executive officer directly owned 111,279 shares of the company’s stock, valued at approximately $34,174,893.69. This represents a 31.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Ashley Bacon sold 7,364 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $312.79, for a total transaction of $2,303,385.56. Following the completion of the transaction, the insider owned 237,157 shares of the company’s stock, valued at approximately $74,180,338.03. The trade was a 3.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 178,818 shares of company stock worth $55,119,741 over the last three months.

Vanguard S&P 500 Covered Call ETF (NYSEARCA: VYLD) is an exchange-traded fund managed by Vanguard that combines broad exposure to large-cap U.S. equities with an options overlay designed to generate incremental income. The fund holds a portfolio intended to approximate the performance of the S&P 500 and implements a covered‑call (buy‑write) strategy, selling call options against the equity exposure to capture option premiums. This approach seeks to provide higher income than a plain‑vanilla S&P 500 index fund while maintaining substantial participation in the U.S.