Most Recen VXX Reverse Split—April 23rd, 2021

Barclays reverse split VXX for the sixth time with a split ratio of 4:1 effective 23-April-2021. For a security doomed to decrease in value over time Barclays’ VXX does amazingly well.  Its volume averages over 25 million shares per day and its assets under management have stayed around $800 million to $1.5 billion.  Not bad for a product that has averaged a 52% annual loss …

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