Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Stock Short Interest Falls 95.7%

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) saw a large drop in short interest in the month of October. As of October 15th, there was short interest totaling 8 shares, a drop of 95.7% from the September 30th total of 186 shares. Currently, 0.0% of the shares of the company are short sold. Based on an average daily volume of 1,257 shares, the short-interest ratio is presently 0.0 days.

Insiders Place Their Bets

In other news, insider Robin Leopold sold 2,500 shares of the firm’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total transaction of $882,025.00. Following the sale, the insider owned 71,047 shares of the company’s stock, valued at $25,066,092.07. This trade represents a 3.40% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Inverse VIX Short Term Futures ETN Stock Up 0.4%

NYSEARCA VYLD traded up $0.11 during trading hours on Monday, hitting $30.95. 2,844 shares of the company’s stock traded hands, compared to its average volume of 2,029. The firm’s 50-day moving average is $30.97 and its 200-day moving average is $29.12. Inverse VIX Short Term Futures ETN has a 52-week low of $25.94 and a 52-week high of $31.46.

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.