ETF Watching: Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN Registered $-151.79M Redemptions After -19.66% AUM Decrease

ETF Watching: Credit Suisse AG   VelocityShares Daily Inverse VIX Short Term ETN Registered $ 151.79M Redemptions After  19.66% AUM Decrease

Today were reported Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV)‘s daily net flows. The ETF registered $-151.79M asset outflows for -19.66% decrease, reaching $620.32M after yestarday’s trading session. The chart of Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN shows negative short-term setup. In the net flows calculation is not included the performance of the etf but only share redemptions (outflows) and share purchases (inflows). Net outflows leads to less cash for managers to invest, which theoretically decreases demand for the etf’s holdings. The stock decreased 1.91% or $0.72 during the last trading session, hitting $36.93. Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV) has risen 56.45% since April 22, 2016 and is uptrending. It has outperformed by 51.04% the S&P500.

The ETF’s YTD performance is 43.14%, the 1 year is 18.78% and the 3 year is 8.39%.

Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN is in the ETF category: , is part of the fund family and currently has $ net assets. It was started on 1/1/0001.

More important recent Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV) news were published by: Marketwatch.com which released: “VelocityShares Daily Inverse VIX Short Term ETN” on January 25, 2011, also Benzinga.com published article titled: “A Surprising Theme With Volatility ETNs”, Etfdailynews.com published: “5 Lessons Learned From VIX ETFs” on December 02, 2015. More interesting news about Credit Suisse AG – VelocityShares Daily Inverse VIX Short Term ETN (NASDAQ:XIV) was released by: Seekingalpha.com and their article: “The #1 Stock In The World” with publication date: June 08, 2015.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Leave a Comment