ProShares Ultra VIX Short-Term Futures ETF Target of Unusually High Options Trading (BATS:UVXY)

ProShares Ultra VIX Short-Term Futures ETF (BATS:UVXY – Get Rating) was the recipient of unusually large options trading on Thursday. Traders acquired 295,212 call options on the stock. This is an increase of 41% compared to the typical volume of 208,827 call options.

Institutional Trading of ProShares Ultra VIX Short-Term Futures ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Two Sigma Investments LP boosted its stake in ProShares Ultra VIX Short-Term Futures ETF by 16.0% during the 4th quarter. Two Sigma Investments LP now owns 1,396,176 shares of the company’s stock valued at $9,578,000 after purchasing an additional 192,750 shares during the last quarter. IMC Chicago LLC purchased a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $5,844,000. National Bank of Canada FI purchased a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $3,251,000. JPMorgan Chase & Co. purchased a new position in shares of ProShares Ultra VIX Short-Term Futures ETF in the 4th quarter worth approximately $1,999,000. Finally, Marathon Trading Investment Management LLC boosted its stake in shares of ProShares Ultra VIX Short-Term Futures ETF by 1,129.2% in the 4th quarter. Marathon Trading Investment Management LLC now owns 266,371 shares of the company’s stock worth $1,827,000 after buying an additional 244,700 shares during the last quarter.

ProShares Ultra VIX Short-Term Futures ETF Price Performance

UVXY stock opened at $5.18 on Friday. The stock has a fifty day simple moving average of $5.36 and a 200-day simple moving average of $8.23.

About ProShares Ultra VIX Short-Term Futures ETF

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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.