ProShares Reduces Leverage on Two Volatility ETFs

ProShares, the largest issuer of inverse and leveraged ETFs, has reduced leverage for two of its volatility ETFs – an attempt to keep the products alive. The ETFs in question are the ProShares Short VIX Short-Term Futures ETF (NYSEArca: SVXY) and the ProShares Ultra VIX Short-Term Futures ETF...