IPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) shares decline

1005

Dallas, Texas 07/31/2013 (Financialstrend) – While there had been continuous decline in the share prices of IPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) for the past 52 weeks, the stock had recently been trading flat with minimal decline in prices for the past few days. This ETN had not proved to have presented any significant returns to the investors in the past one year of trading. Except for the recent surge in prices to the level of $22 per unit by the end of June 2013, the stock had not been trading above the level of $20 per share during the past six months.

As the ETN had moved on to set flat trend in prices for the past few days of trading with very minimal declines, it is expected that the ETN might recover from its bearish trend to move on to surge in prices in the near future. However, there had not been much significant developments in the underlying short term futures to support any higher profits from the ETN. Investors will thereby have to keep a close watch on the movement in prices to ensure that they get hold of the returns at the right time.

IPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX) had closed for the day on Tuesday with $15.40 per share with a bearish behavior of 1.97% over the previous day’s closing price. The intraday movements of the stock were between a low value of $15.37 to a high value of $15.79 per share. The yearly stock price variations are between the lower value of $15.37 to a higher value of $55.28 per share. The total stock value of the company in the stock market is $1.41 billion. The trading trend of the company for its latest trading day was 3.67 million shares.

Subscribe to get your free report!

* indicates required
*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.