Short Interest in Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Increases By 1,755.2%

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLDGet Free Report) was the recipient of a significant growth in short interest during the month of May. As of May 15th, there was short interest totaling 3,191 shares, a growth of 1,755.2% from the April 30th total of 172 shares. Based on an average daily volume of 976 shares, the days-to-cover ratio is currently 3.3 days. Currently, 0.1% of the company’s shares are short sold.

Inverse VIX Short Term Futures ETN Stock Up 0.4%

Shares of Inverse VIX Short Term Futures ETN stock traded up $0.11 during midday trading on Wednesday, reaching $28.87. 726 shares of the company’s stock traded hands, compared to its average volume of 2,522. The company’s 50 day moving average is $27.67. Inverse VIX Short Term Futures ETN has a 12 month low of $24.18 and a 12 month high of $28.87.

Insider Transactions at Inverse VIX Short Term Futures ETN

In other Inverse VIX Short Term Futures ETN news, insider Lori A. Beer sold 3,165 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $300.05, for a total value of $949,658.25. Following the completion of the sale, the insider owned 66,783 shares in the company, valued at approximately $20,038,239.15. The trade was a 4.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary E. Erdoes sold 6,648 shares of the business’s stock in a transaction that occurred on 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 sale, the chief executive officer owned 632,399 shares of the company’s stock, valued at $188,682,565.64. The trade was a 1.04% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 220,202 shares of company stock valued at $67,335,678.

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.

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