ProShares, the largest purveyor of inverse and leveraged ETFs, announced today it will reverse split the ProShares Ultra VIX Short-Term Futures ETF (NYSE:UVXY) on a 1-for-10 basis.

VXX was trading hands at $33.79 a share in midday trading Friday, after closing the previous session at $8.65. [VIX ETF to Reverse Split] Advertisement Advertisement ...

Discover how the CBOE Volatility Index (VIX) helps investors gauge market risk and fear by measuring the 30-day volatility expectations of the S&P 500 Index.

Some aim to go long VIX futures, which can rise in value when expected volatility increases. Others attempt to short VIX futures, profiting from the tendency of volatility to decline over time.

The CBOE Volatility Index ^VIX is trading close to 17 which is just a few points away from its 52-week low of 14.27. UVXY attempts to deliver twice (2x) the daily performance of the S&P 500 VIX ...

Barclays (NYSE:BCS), the parent company of ETN sponsor iPath, announced the popular iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) will undergo a 1-for-4 reverse split.

Barclays Bank is planning a 1-for-4 reverse share split of its iPath S&P 500 VIX Short Term Futures ETN (VXX). The reverse split is scheduled to occur on Nov. 9.