Short Interest in Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Drops By 59.2%

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) was the recipient of a large decline in short interest in the month of April. As of April 30th, there was short interest totaling 172 shares, a decline of 59.2% from the April 15th total of 422 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily trading volume, of 471 shares, the short-interest ratio is currently 0.4 days.

Insider Transactions at Inverse VIX Short Term Futures ETN

In other Inverse VIX Short Term Futures ETN news, CEO Douglas B. Petno sold 5,659 shares of Inverse VIX Short Term Futures ETN stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $300.05, for a total value of $1,697,982.95. Following the completion of the transaction, the chief executive officer directly owned 224,619 shares of the company’s stock, valued at $67,396,930.95. The trade was a 2.46% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary E. Erdoes sold 6,648 shares of Inverse VIX Short Term Futures ETN stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $298.36, for a total value of $1,983,497.28. Following the completion of the transaction, the chief executive officer directly owned 632,399 shares of the company’s stock, valued at approximately $188,682,565.64. This represents a 1.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 356,146 shares of company stock worth $109,113,327 in the last 90 days.

Inverse VIX Short Term Futures ETN Price Performance

NYSEARCA VYLD opened at $28.22 on Friday. The firm has a 50-day moving average price of $27.43. Inverse VIX Short Term Futures ETN has a 1-year low of $23.87 and a 1-year high of $28.49.

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.