SVXY Crowded With Sellers
February 11, 2016 at 11:39 AM EST
In trading on Thursday, shares of the ProShares Short VIX Short-Term Futures ETF (SVXY) entered into oversold territory, changing hands as low as $30.97 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a scale of zero to 100..