Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Short Interest Down 62.3% in August

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 166 shares, a drop of 62.3% from the August 15th total of 440 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 854 shares, the days-to-cover ratio is currently 0.2 days.

Inverse VIX Short Term Futures ETN Price Performance

Shares of Inverse VIX Short Term Futures ETN stock traded up $0.27 during midday trading on Friday, reaching $30.93. 500 shares of the company’s stock traded hands, compared to its average volume of 2,097. The stock has a 50 day moving average of $30.24 and a 200-day moving average of $28.85. Inverse VIX Short Term Futures ETN has a 12 month low of $25.94 and a 12 month high of $31.04.

Insider Activity

In related news, General Counsel Stacey Friedman sold 5,467 shares of the business’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $330.73, for a total transaction of $1,808,100.91. Following the transaction, the general counsel owned 40,961 shares in the company, valued at $13,547,031.53. The trade was a 11.78% decrease in their position. 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, insider Robin Leopold sold 2,500 shares of the company’s stock in a transaction that occurred on Thursday, September 10th. The shares were sold at an average price of $352.81, for a total value of $882,025.00. Following the transaction, the insider directly owned 71,047 shares of the company’s stock, valued at $25,066,092.07. The trade was a 3.40% 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 10,467 shares of company stock worth $3,593,651 over the last three months.

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.