ProShares Ultra VIX Short-Term Futures ETF Sees Unusually High Options Volume (BATS:UVXY)

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY) saw some unusual options trading activity on Friday. Investors purchased 53,697 call options on the stock. This is an increase of approximately 44% compared to the typical volume of 37,299 call options.

Institutional Trading of ProShares Ultra VIX Short-Term Futures ETF

Several large investors have recently added to or reduced their stakes in UVXY. EverSource Wealth Advisors LLC acquired a new position in ProShares Ultra VIX Short-Term Futures ETF during the 4th quarter worth $144,000. DV Trading LLC increased its holdings in shares of ProShares Ultra VIX Short-Term Futures ETF by 653.8% during the first quarter. DV Trading LLC now owns 8,224 shares of the company’s stock valued at $430,000 after purchasing an additional 7,133 shares during the period. NewEdge Advisors LLC acquired a new position in shares of ProShares Ultra VIX Short-Term Futures ETF during the second quarter valued at $237,000. Group One Trading LLC bought a new stake in shares of ProShares Ultra VIX Short-Term Futures ETF during the first quarter valued at about $762,000. Finally, BNP Paribas Financial Markets raised its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 2,542.0% during the third quarter. BNP Paribas Financial Markets now owns 14,795 shares of the company’s stock valued at $154,000 after purchasing an additional 14,235 shares in the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Stock Performance

Shares of BATS:UVXY opened at $25.44 on Friday. The firm’s 50 day moving average is $28.69 and its two-hundred day moving average is $36.74. ProShares Ultra VIX Short-Term Futures ETF has a 52 week low of $22.66 and a 52 week high of $89.65.

About ProShares Ultra VIX Short-Term Futures ETF

The ProShares Ultra VIX Short-Term Futures ETF (UVXY) is an exchange-traded fund that is based on the S&P 500 VIX Short-Term Futures index. The fund provides 1.5x leveraged exposure to an index comprising first- and second-month VIX futures positions with a weighted average maturity of one month. UVXY was launched on Oct 3, 2011 and is managed by ProShares.