MYDA Advisors LLC Reduces Position in 2x Long VIX Futures ETF $UVIX

MYDA Advisors LLC lessened its stake in shares of 2x Long VIX Futures ETF (BATS:UVIX) by 90.0% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 20,000 shares of the company’s stock after selling 180,000 shares during the period. MYDA Advisors LLC’s holdings in 2x Long VIX Futures ETF were worth $745,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in UVIX. XTX Topco Ltd bought a new stake in 2x Long VIX Futures ETF during the fourth quarter valued at about $71,000. Flow Traders U.S. LLC increased its position in 2x Long VIX Futures ETF by 10.7% in the first quarter. Flow Traders U.S. LLC now owns 83,412 shares of the company’s stock worth $3,106,000 after purchasing an additional 8,066 shares during the last quarter. Brookstone Capital Management bought a new stake in shares of 2x Long VIX Futures ETF in the 1st quarter worth about $1,734,000. Finally, Headlands Technologies LLC purchased a new stake in 2x Long VIX Futures ETF during the first quarter valued at approximately $45,000.

2x Long VIX Futures ETF Trading Up 0.9%

UVIX stock opened at $12.00 on Thursday. The company’s fifty day moving average price is $18.88 and its two-hundred day moving average price is $31.64.

2x Long VIX Futures ETF Profile

The 2x Long VIX Futures ETF (UVIX) is an exchange-traded fund that is based on the Long VIX Futures index. The fund tracks an index that provides 2x daily leveraged exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVIX was launched on Mar 28, 2022 and is managed by Volatility Shares.