-1x Short VIX Futures ETF (BATS:SVIX) Share Price Breaks Above Fifty Day Moving Average – Time to Sell?

-1x Short VIX Futures ETF (BATS:SVIX – Get Free Report)’s stock price passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $28.31 and traded as high as $28.47. -1x Short VIX Futures ETF shares last traded at $28.37, with a volume of 2,423,202 shares changing hands.

-1x Short VIX Futures ETF Trading Up 1.8%

The business’s 50-day moving average price is $28.31 and its 200 day moving average price is $23.07.

-1x Short VIX Futures ETF Company Profile

(Get Free Report)

The -1x Short VIX Futures ETF (SVIX) is an exchange-traded fund that is based on the Short VIX Futures index. The fund tracks an index that provides daily inverse exposure to a portfolio comprising first- and second-month VIX futures positions with a weighted average maturity of one month. SVIX was launched on Mar 30, 2022 and is managed by Volatility Shares.

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