Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV) was the target of a significant drop in short interest during the month of September. As of September 29th, there was short interest totalling 5,632,798 shares, a drop of 32.8% from the September 15th total of 8,378,413 shares. Based on an average trading volume of 6,686,113 shares, the short-interest ratio is presently 0.8 days.

A number of large investors have recently bought and sold shares of the stock. Bogart Wealth LLC acquired a new position in Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN during the second quarter valued at $304,000. Nomura Holdings Inc. acquired a new position in Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN during the second quarter valued at $6,240,000. Tower Research Capital LLC TRC raised its position in Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN by 2.9% during the second quarter. Tower Research Capital LLC TRC now owns 51,223 shares of the company’s stock valued at $4,275,000 after buying an additional 1,462 shares during the period. Jump Trading LLC raised its position in Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN by 45.5% during the second quarter. Jump Trading LLC now owns 8,000 shares of the company’s stock valued at $668,000 after buying an additional 2,500 shares during the period. Finally, Balyasny Asset Management LLC acquired a new position in Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN during the second quarter valued at $2,455,000.

Shares of Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (XIV) opened at 105.87 on Friday. The firm has a 50-day moving average price of $91.22 and a 200-day moving average price of $83.13. Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN has a 52 week low of $32.69 and a 52 week high of $106.98.

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