Seventh VXX Reverse Split—March 7th, 2023
For a security doomed to decrease in value over time Barclays’ VXX does amazingly well. Its volume averages over 8 million shares per day and its assets under management had stayed around $800 million to $1.5 billion until an ugly 2022, were it had to cease share creations for 6 months due to a regulatory problem. Now its assets are at $300 million, still not …
