Traders Shorting VIX Spur Inflows to $1.2 Billion Fund Down 34%
- UVXY exchange-traded fund set for biggest inflows since July
- Options activity, short interest point to volatility sellers
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The world’s largest volatility ETF is seeing a frenzy of activity as traders across Wall Street bet on enduring calm in the stock market.
Even as the ProShares Ultra VIX Short-Term Futures exchange-traded fund (UVXY) -- which protects against swings in U.S. equities -- slumps 34% in the election aftermath, it’s on pace for the biggest monthly inflow since July.