According to Velocity website. Who are the morons paying higher price to buy this scam? A better idea to short this scam, and buy UVXY or VXX or VIIX below their NAVs to hedge.
ScotTrade does not allow shorting stocks where the share price is below $5.
TVIX trades 6.2% above the NAV. I think Credit Suisse is giving up managing this soon or later.