FAZ, UVXY: Big ETF OutflowsTuesday, November 13, 12:45 PM ET
Turning today to week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, the largest outflow was seen in the Daily Financial Bear 3x Shares (AMEX:FAZ ), which shed 3,100,000 shares, or a 7.8% decrease week over week.
And on a percentage change basis, the ETF with the largest outflow was the Proshares Ultra VIX Short-Term Futures ETF (AMEX:UVXY ), which lost 1,550,000 of its shares, for a whopping 23.5% decline in outstanding shares.
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