A Day Up For VelocityShares Daily 2x VIX Short-Term ETN

VelocityShares Daily 2x VIX Short-Term ETN (TVIX:NASDAQ) soared at $76.43, representing a gain of 19.2%. On Mon 24 Feb 20, TVIX:NASDAQ hit a New 2-Week High of $64.14. From Mon 03 Feb 20, the stock recorded 42.86% Up Days and 46.67% Green Days

About VelocityShares Daily 2x VIX Short-Term ETN (TVIX:NASDAQ)

The investment seeks to replicate, net of expenses, the returns of twice (2x) 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 ETNs are linked to a multiple (2x) of the daily return of the index and do not represent an investment in the VIX.