iPath S&P 500 VIX Short Term Futures TM ETN (NYSE:VXX) saw a large drop in short interest in April. As of April 28th, there was short interest totalling 58,938,381 shares, a drop of 6.2% from the April 13th total of 62,802,058 shares. Based on an average daily volume of 56,003,135 shares, the days-to-cover ratio is presently 1.1 days.
Shares of iPath S&P 500 VIX Short Term Futures TM ETN (NYSE:VXX) opened at 14.64 on Friday. The stock’s 50 day moving average price is $15.59 and its 200 day moving average price is $20.80. iPath S&P 500 VIX Short Term Futures TM ETN has a one year low of $13.55 and a one year high of $71.48.
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