VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) Share Price Cross Above 200 Day Moving Average of $27.91

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VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $27.91 and traded as high as $49.30. VelocityShares Daily 2x VIX Short Term ETN shares last traded at $46.80, with a volume of 22,916,648 shares changing hands.

The firm has a 50 day moving average price of $44.64 and a two-hundred day moving average price of $28.06.

An institutional investor recently bought a new position in VelocityShares Daily 2x VIX Short Term ETN stock. Capital Wealth Alliance LLC purchased a new stake in VelocityShares Daily 2x VIX Short Term ETN (NASDAQ:TVIX) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 790 shares of the exchange traded fund’s stock, valued at approximately $45,000.

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