Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Short Interest Up 327.2% in August

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) was the recipient of a significant increase in short interest during the month of August. As of August 14th, there was short interest totaling 440 shares, an increase of 327.2% from the July 30th total of 103 shares. Based on an average daily trading volume, of 980 shares, the short-interest ratio is currently 0.4 days. Approximately 0.0% of the company’s stock are sold short.

Insiders Place Their Bets

In other news, insider Robin Leopold sold 2,500 shares of the business’s stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $361.41, for a total transaction of $903,525.00. Following the completion of the sale, the insider directly owned 73,547 shares of the company’s stock, valued at $26,580,621.27. The trade was a 3.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, General Counsel Stacey Friedman sold 5,467 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the sale, the general counsel directly owned 40,961 shares of the company’s stock, valued at approximately $13,547,031.53. The trade was a 11.78% 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.

Inverse VIX Short Term Futures ETN Price Performance

NYSEARCA VYLD traded down $0.03 during trading hours on Friday, hitting $30.80. The company’s stock had a trading volume of 293 shares, compared to its average volume of 2,174. Inverse VIX Short Term Futures ETN has a 52 week low of $25.94 and a 52 week high of $30.83. The company’s 50-day simple moving average is $29.93 and its two-hundred day simple moving average is $28.63.

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.