Uvxy. VV 448: UVXY is Cool Again

The VIX has declined substantially over the past year, but it remains at higher levels than the months before the start of the COVID-19 pandemic They are intended for investors with very short-term time horizons and should not be used as part of a strategy
These include white papers, government data, original reporting, and interviews with industry experts TOP TRADES OF THE WEEK IN VIX, SPIKES, VXX AND UVXY• The three funds below are thus not ranked by 1-year total return

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This was a 1 for 5 reverse split, meaning for each 5 shares of UVXY owned pre-split, the shareholder now owned 1 share.

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UVXY's 4th split took place on January 24, 2014
Best (and Only) Inverse VIX ETF for Q3 2021
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Best (and Only) Inverse VIX ETF for Q3 2021
But when the uncertainty subsides and optimism returns, volatility falls and this can cause inverse VIX ETFs to rise in value
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Your contract number will decrease by the same ratio as the split I think uvxy os doing a 1:10 reverse Split history database is not guaranteed to be complete or free of errors

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UVXY's 7th split took place on January 12, 2017.

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For example, a 1000 share position pre-split, became a 166
Most Traded Leveraged ETFs for Q3 2021
Most Traded Leveraged ETFs for Q3 2021
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000833333333333334 share position pre-split, became a 0 16 1,080 1,425 2,916 2,784 -2
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Best (and Only) Inverse VIX ETF for Q3 2021

Instead, inverse VIX ETFs must the VIX indirectly.

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Exchange-traded funds offer investors a straightforward way to own a single security whose performance is based on a much larger, basket of securities
UVXY ETF: Quote, Holdings, Fact Sheet, Rating & Analysis
000166666666666667 share position pre-split, became a 1
Crypto bull Barry Silbert said he bet on a leveraged stock
It is important to note that these are highly complex instruments with unique risks