VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) Shares Cross Above 200 Day Moving Average of $0.00

VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX)’s share price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $0.00 and traded as high as $21.00. VelocityShares Daily 2x VIX Short Term ETN shares last traded at $20.78, with a volume of 2,169,167 shares changing hands.

The business’s fifty day moving average price is $16.54.

Several institutional investors and hedge funds have recently modified their holdings of TVIX. Harvest Investment Services LLC acquired a new position in VelocityShares Daily 2x VIX Short Term ETN during the second quarter worth $506,000. Citigroup Inc. acquired a new position in VelocityShares Daily 2x VIX Short Term ETN during the first quarter worth $4,707,000. Horseman Capital Management Ltd acquired a new position in VelocityShares Daily 2x VIX Short Term ETN during the first quarter worth $6,538,000. Rational Advisors LLC lifted its stake in VelocityShares Daily 2x VIX Short Term ETN by 41.9% during the first quarter. Rational Advisors LLC now owns 75,000 shares of the exchange traded fund’s stock worth $1,961,000 after purchasing an additional 22,153 shares in the last quarter. Finally, JPMorgan Chase & Co. acquired a new position in VelocityShares Daily 2x VIX Short Term ETN during the first quarter worth $4,880,000.

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