Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Sees Significant Increase in Short Interest

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 243,439 shares, an increase of 116.3% from the May 31st total of 112,547 shares. Approximately 2.7% of the company’s stock are sold short. Based on an average daily volume of 208,932 shares, the days-to-cover ratio is presently 1.2 days.

Institutional Trading of Roundhill S&P 500 0DTE Covered Call Strategy ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the second quarter valued at $4,940,000. Osaic Holdings Inc. increased its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% during the 2nd quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock worth $31,000 after purchasing an additional 500 shares during the last quarter. PNC Financial Services Group Inc. acquired a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 3rd quarter worth about $248,000. RFG Advisory LLC raised its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 8.3% in the 4th quarter. RFG Advisory LLC now owns 30,738 shares of the company’s stock valued at $1,219,000 after purchasing an additional 2,365 shares during the period. Finally, Group One Trading LLC acquired a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter valued at about $44,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Up 1.3%

Shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF stock opened at $38.92 on Tuesday. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 12-month low of $35.87 and a 12-month high of $44.81. The stock has a market cap of $356.90 million, a P/E ratio of 24.81 and a beta of 0.99. The business’s 50 day moving average is $39.29 and its 200-day moving average is $39.44.

About Roundhill S&P 500 0DTE Covered Call Strategy ETF

The Roundhill S&P 500 0DTE Covered Call Strategy ETF (XDTE) is an exchange-traded fund that mostly invests in large cap equity. The fund aims to provide a high weekly distribution to shareholders through actively managed synthetic covered call strategy, while also providing limited exposure to the price return of the S&P 500 Index. XDTE was launched on Mar 7, 2024 and is issued by Roundhill.