|Bid||8.98 x 2000|
|Ask||8.99 x 2400|
|Day's Range||8.99 - 9.50|
|52 Week Range||8.91 - 265.25|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||1.57%|
ProShares, a premier provider of ETFs, announced today forward and reverse share splits on 10 of its ETFs. The splits will not change the total value of a shareholder's investment.
VIX is threatening to break through some near term resistance. The lack of hedging coming into Thursday's Events as well as the sudden inability of treasuries to rally on every stock market decline - may be the impetus VIX needs to go higher.
Inflows have started into a double long VIX ETF. The only VIX ETF (long or short) where the size of the fund isn't dwarfed by the short interest. This is as internet search interest in VIX declines and more investors look to treasuries as a cost effective hedge.