🔴 Trading--Leveraged Equity ETF (UVIX) is trading 2.15% down today as VIX falls to 14.90

UVIX is trading at $49.47, down 2.15%, as subdued volatility pressures the leveraged long-volatility ETF.

• The CBOE VIX fell 1.65% to 14.90 on August 7, its lowest level since January.
• The S&P 500 and Nasdaq remain near record highs, while today’s modestly weaker equity indexes have not produced a meaningful volatility spike.
• Lower Treasury yields and expectations for steady Fed policy are reducing demand for VIX protection.