VelocityShares VIX Short Term ETN (NASDAQ:VIIX) Trading Up 8.7%

Shares of VelocityShares VIX Short Term ETN (NASDAQ:VIIX) were up 8.7% on Friday . The company traded as high as $12.00 and last traded at $11.85, approximately 4,758 shares changed hands during mid-day trading. A decline of 95% from the average daily volume of 104,896 shares. The stock had previously closed at $10.90.

The stock has a fifty day moving average price of $10.48 and a two-hundred day moving average price of $11.83.

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