VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) Shares Pass Above 200-Day Moving Average of $24.26

Shares of VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.26 and traded as high as $52.13. VelocityShares Daily 2x VIX Short Term ETN shares last traded at $47.89, with a volume of 409,103 shares.

The stock has a 50 day moving average price of $49.22 and a 200-day moving average price of $24.26.

A hedge fund recently bought a new stake in VelocityShares Daily 2x VIX Short Term ETN stock. US Bancorp DE purchased a new position in VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 5,000 shares of the exchange traded fund’s stock, valued at approximately $94,000.

Further Reading: How Does the Quiet Period Work?

Receive News & Ratings for VelocityShares Daily 2x VIX Short Term ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for VelocityShares Daily 2x VIX Short Term ETN and related companies with MarketBeat.com's FREE daily email newsletter.