Shares of Daily Inverse VIX ST ETN Velocityshares (XIV) Sees Large Outflow of Money

Daily Inverse VIX ST ETN Velocityshares (XIV): The stock had negative money flow to the tune of ($8.03 million) on Tuesday, which shows that the traders are selling the stock on the price strength. The inflow of money on upticks was $110.65 million, whereas, the outflow of money on downticks was $118.67 million and the ratio between the two was 0.93. The block trade had a negative net money flow of ($0.06 million). The total block trade value undertaken on upticks was $10.86 million. On the other hand, downticks amounted to $10.92 million of the traded value, which shows distribution in the stock by traders. The ratio between uptick and downtick was 0.99. Daily Inverse VIX ST ETN Velocityshares (XIV) closed with marginal gains of 28 cents to end the day at $37.58, an increase of 0.75% over the previous days close. The stock recorded 2.79% for the week.


VelocityShares Daily Inverse VIX ST ETN is up 17.62% in the last 3-month period. Year-to-Date the stock performance stands at 45.66%.

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