Volatility Premium Plus ETF (BATS:ZVOL) Short Interest Up 153.3% in July

Volatility Premium Plus ETF (BATS:ZVOL) was the recipient of a large increase in short interest in July. As of July 15th, there was short interest totaling 90,836 shares, an increase of 153.3% from the June 30th total of 35,861 shares. Based on an average daily volume of 25,697 shares, the days-to-cover ratio is presently 3.5 days. Currently, 7.0% of the company’s stock are short sold.

Hedge Funds Weigh In On Volatility Premium Plus ETF

An institutional investor recently raised its position in Volatility Premium Plus ETF stock. Cohalo Advisory LLC grew its position in Volatility Premium Plus ETF (BATS:ZVOL) by 87.9% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 23,300 shares of the company’s stock after buying an additional 10,900 shares during the period. Volatility Premium Plus ETF makes up about 18.8% of Cohalo Advisory LLC’s investment portfolio, making the stock its largest holding. Cohalo Advisory LLC owned about 1.89% of Volatility Premium Plus ETF worth $254,000 at the end of the most recent reporting period.

Volatility Premium Plus ETF Stock Performance

Volatility Premium Plus ETF stock opened at $7.74 on Tuesday. Volatility Premium Plus ETF has a twelve month low of $7.62 and a twelve month high of $13.02. The stock’s 50 day moving average is $8.19 and its 200 day moving average is $8.99.

About Volatility Premium Plus ETF

The Volatility Premium Plus ETF (ZVOL) is an exchange-traded fund that mostly invests in volatility alternatives. The fund is an actively managed fund aiming to provide a monthly income stream and inverse exposure to the daily performance of the S&P 500 VIX Mid-Term Futures Index. The fund holds short positions in fourth, fifth, sixth, and seventh month VIX futures contracts. ZVOL was launched on Apr 19, 2023 and is issued by Volatility Shares.