Inverse VIX Short Term Futures ETN (NYSEARCA:VYLD) Short Interest Up 1,755.2% in May

Inverse VIX Short Term Futures ETN (NYSEARCA:VYLDGet Free Report) saw a significant increase in short interest in May. As of May 15th, there was short interest totaling 3,191 shares, an increase of 1,755.2% from the April 30th total of 172 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily volume of 976 shares, the days-to-cover ratio is presently 3.3 days.

Insiders Place Their Bets

In related news, General Counsel Stacey Friedman sold 5,468 shares of the stock in a transaction that occurred on Wednesday, May 20th. The stock was sold at an average price of $300.27, for a total transaction of $1,641,876.36. Following the sale, the general counsel directly owned 46,428 shares in the company, valued at $13,940,935.56. This represents a 10.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Mary E. Erdoes sold 6,648 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $298.36, for a total value of $1,983,497.28. Following the completion of the sale, the chief executive officer owned 632,399 shares in the company, valued at approximately $188,682,565.64. This trade represents a 1.04% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 220,202 shares of company stock valued at $67,335,678.

Inverse VIX Short Term Futures ETN Stock Performance

Shares of NYSEARCA:VYLD remained flat at $29.00 during midday trading on Friday. The company had a trading volume of 6 shares, compared to its average volume of 2,497. The stock has a fifty day moving average of $27.70. Inverse VIX Short Term Futures ETN has a twelve month low of $24.18 and a twelve month high of $29.00.

Vanguard S&P 500 Covered Call ETF (NYSEARCA: VYLD) is an exchange-traded fund managed by Vanguard that combines broad exposure to large-cap U.S. equities with an options overlay designed to generate incremental income. The fund holds a portfolio intended to approximate the performance of the S&P 500 and implements a covered‑call (buy‑write) strategy, selling call options against the equity exposure to capture option premiums. This approach seeks to provide higher income than a plain‑vanilla S&P 500 index fund while maintaining substantial participation in the U.S.

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