UVIX Reverse Split January 25th, 2023

Recently, Volatility Shares announced a 1:5 reverse split for UVIX, effective at market open January 25th, 2023. Since its inception in March 2022 UVIX’s decay rate has averaged around 13% per month.  Some investors anticipate significant price moves in UVIX motivated by a reverse split.  I’m not in that camp.  UVIX’s price is tied to VIX futures’ price, which couldn’t care less about UVIX’s share price.  …

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