2x Long VIX Futures ETF Target of Unusually High Options Trading (NYSEARCA:UVIX)

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2x Long VIX Futures ETF (NYSEARCA:UVIXGet Rating) was the target of some unusual options trading on Friday. Traders acquired 6,737 call options on the stock. This is an increase of 81% compared to the typical volume of 3,731 call options.

2x Long VIX Futures ETF Price Performance

UVIX stock opened at $10.69 on Friday. 2x Long VIX Futures ETF has a twelve month low of $8.51 and a twelve month high of $27.21. The company has a 50 day moving average price of $13.03.

Institutional Investors Weigh In On 2x Long VIX Futures ETF

A hedge fund recently raised its stake in 2x Long VIX Futures ETF stock. UBS Group AG increased its stake in shares of 2x Long VIX Futures ETF (NYSEARCA:UVIXGet Rating) by 88,012.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,049 shares of the company’s stock after purchasing an additional 7,041 shares during the quarter. UBS Group AG owned 0.19% of 2x Long VIX Futures ETF worth $120,000 as of its most recent SEC filing.

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