A Day Up For VelocityShares VIX Short-Term ETN

Mon 09 Mar 20 at 05:30 PM
A Day Up For VelocityShares VIX Short-Term ETN

VelocityShares VIX Short-Term ETN (VIIX:NASDAQ) rocketted at $78.65, representing a gain of 24.6%. On Fri 06 Mar 20, VIIX:NASDAQ touched a New 2-Week High of $63.11. From Fri 21 Feb 20, the stock recorded 70.00% Up Days and 63.64% Green Days

About VelocityShares VIX Short-Term ETN (VIIX:NASDAQ)

The investment seeks to replicate, net of expenses, the return of the daily performance of the S&P 500 VIX Short-Term Futures index. The index was designed to provide investors with exposure to one or more maturities of futures contracts on the VIX, which reflects implied volatility of the S&P 500 Index at various points along the volatility forward curve. The calculation of the VIX is based on prices of put and call options on the S&P 500 Index. The ETNs are linked to the daily return of the index and do not represent an investment in the VIX.