iPATH S&P 500 VIX Short-Term Futures ETN (NYSEARCA:VXX) saw a large increase in short interest in August. As of August 31st, there was short interest totalling 31,272,566 shares, an increase of 22.5% from the August 15th total of 25,524,204 shares. Based on an average daily trading volume, of 31,522,630 shares, the days-to-cover ratio is currently 1.0 days.

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Archford Capital Strategies LLC purchased a new stake in iPATH S&P 500 VIX Short-Term Futures ETN in the 1st quarter worth $139,000. IPG Investment Advisors LLC purchased a new stake in iPATH S&P 500 VIX Short-Term Futures ETN in the 2nd quarter worth $313,000. North Star Investment Management Corp. purchased a new stake in iPATH S&P 500 VIX Short-Term Futures ETN in the 2nd quarter worth $777,000. JBF Capital Inc. purchased a new stake in iPATH S&P 500 VIX Short-Term Futures ETN in the 1st quarter worth $2,366,000. Finally, Tuttle Tactical Management purchased a new stake in iPATH S&P 500 VIX Short-Term Futures ETN in the 2nd quarter worth $6,146,000.

VXX opened at $28.21 on Tuesday. iPATH S&P 500 VIX Short-Term Futures ETN has a fifty-two week low of $25.59 and a fifty-two week high of $56.50.

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