ProShares Trust Ultra VIX Short Term Futures ETF (UVXY)

[ogflee1]

FYI: re UVXY/SVXY

"ProShare Capital Management has cut leverage on two volatility-tracking funds, one that bet on volatility remaining low and the other that magnified volatility's moves.

Observers say the move is an attempt to keep the products alive because volatility is still seen as an investable asset."

Firm swoops in to ensure volatility is a trade for another day
https://www.cnbc.com/2018/02/27/firm-swoops-in-to-ensure-volatility-is-a-trade-for-another-day.html