Off 75% YTD and trading below $10/share, the iPath S&P VIX ETN (VXX) will get a 1-for-4...

|About: iPath S&P 500 VIX Short-... (VXX)|By:, SA News Editor

Off 75% YTD and trading below $10/share, the iPath S&P VIX ETN (VXX) will get a 1-for-4 reverse split on October 5, announces Barclays. Despite the price plunge steepening in past months, the ETN has managed to draw another $900M in AUM thus far in Q3.