Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) Short Interest Update

Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) saw a large growth in short interest in July. As of July 31st, there was short interest totaling 14,013 shares, a growth of 215.3% from the July 15th total of 4,444 shares. Based on an average trading volume of 32,312 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Trading of Roundhill GOOGL WeeklyPay ETF

A hedge fund recently bought a new stake in Roundhill GOOGL WeeklyPay ETF stock. Group One Trading LLC bought a new stake in Roundhill GOOGL WeeklyPay ETF (BATS:GOOW) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 750 shares of the company’s stock, valued at approximately $43,000.

Roundhill GOOGL WeeklyPay ETF Stock Performance

BATS:GOOW opened at $62.08 on Thursday. The firm has a fifty day simple moving average of $66.76 and a two-hundred day simple moving average of $68.35. Roundhill GOOGL WeeklyPay ETF has a 12 month low of $50.34 and a 12 month high of $83.17.

Roundhill GOOGL WeeklyPay ETF (BATS: GOOW) is an exchange-traded fund issued by Roundhill Investments that provides investors with targeted exposure to Alphabet Inc (GOOGL), the parent company of Google. The fund is listed on the Cboe BATS exchange under the ticker symbol GOOW and is offered as a single-issuer vehicle designed for investors seeking concentrated exposure to one of the largest U.S. technology companies.

As indicated by its name, the ETF is structured to deliver regular distributions on a weekly schedule, which may appeal to income-oriented investors who want periodic cash flow while maintaining equity exposure to Alphabet.