UVXY is trading at $18.46, up 11.82%, as markets reverse from Wednesday’s rally.
- The S&P 500 (-1.48%) and Nasdaq (-2.79%) fell, increasing demand for volatility protection.
- Tighter AI and data-center regulation concerns weigh on semiconductor shares and Nasdaq futures, down about 1% in early trading.
- UVXY seeks 1.5x the daily return of a short-term VIX futures index; rising futures can magnify its move. No intraday volume figure was provided.