Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Sees Significant Increase in Short Interest

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) saw a large increase in short interest in 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 days-to-cover ratio is currently 0.4 days. Currently, 0.0% of the company’s shares are short sold.

Insider Buying and Selling

In related news, insider Robin Leopold sold 2,500 shares of Inverse VIX Short Term Futures ETN stock in a transaction on Tuesday, August 11th. The stock was 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 sale was disclosed in a document filed with the Securities & Exchange Commission, 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 company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $330.73, for a total value of $1,808,100.91. Following the completion of the sale, the general counsel owned 40,961 shares of the company’s stock, valued at $13,547,031.53. This represents a 11.78% 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.

Inverse VIX Short Term Futures ETN Stock Performance

Shares of VYLD stock traded up $0.09 on Wednesday, reaching $30.75. The company had a trading volume of 702 shares, compared to its average volume of 2,212. The company has a 50-day moving average of $29.87 and a 200-day moving average of $28.60. Inverse VIX Short Term Futures ETN has a 12 month low of $25.00 and a 12 month high of $30.66.

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.