Short Interest in Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Declines By 97.6%

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) saw a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 113 shares, a drop of 97.6% from the June 15th total of 4,615 shares. Currently, 0.0% of the shares of the stock are short sold. Based on an average daily volume of 5,907 shares, the days-to-cover ratio is currently 0.0 days.

Insider Buying and Selling

In other Inverse VIX Short Term Futures ETN news, COO Jennifer Piepszak sold 9,136 shares of the stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.56, for a total transaction of $2,800,732.16. Following the completion of the sale, the chief operating officer directly owned 90,001 shares of the company’s stock, valued at $27,590,706.56. This trade represents a 9.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Marianne Lake sold 6,427 shares of Inverse VIX Short Term Futures ETN stock in a transaction that occurred on Wednesday, April 15th. The shares were sold at an average price of $306.57, for a total transaction of $1,970,325.39. Following the sale, the chief executive officer owned 130,872 shares in the company, valued at approximately $40,121,429.04. The trade was a 4.68% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 225,236 shares of company stock worth $69,016,018 in the last quarter.

Inverse VIX Short Term Futures ETN Stock Performance

Shares of NYSEARCA:VYLD traded up $0.12 during midday trading on Friday, reaching $29.90. 898 shares of the company were exchanged, compared to its average volume of 2,464. The company’s fifty day moving average is $28.97. Inverse VIX Short Term Futures ETN has a one year low of $25.00 and a one year high of $29.90.

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.