Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Shares Shorted: Short Interest Up 135.0% in September

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) saw a large increase in short interest in the month of September. As of September 30th, there was short interest totaling 31,619 shares, an increase of 135.0% from the September 15th total of 13,454 shares. Currently, 0.6% of the company’s shares are short sold. Based on an average daily volume of 76,476 shares, the days-to-cover ratio is presently 0.4 days.

Institutional Inflows and Outflows

An institutional investor recently bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF stock. Tidal Investments LLC purchased a new stake in shares of Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 14,961 shares of the company’s stock, valued at approximately $246,000. Tidal Investments LLC owned approximately 0.31% of Roundhill Bitcoin Covered Call Strategy ETF as of its most recent SEC filing.

Roundhill Bitcoin Covered Call Strategy ETF Stock Down 2.0%

BATS YBTC opened at $18.54 on Thursday. Roundhill Bitcoin Covered Call Strategy ETF has a 1-year low of $16.30 and a 1-year high of $40.80. The business’s 50-day simple moving average is $18.34 and its 200-day simple moving average is $19.20.

About Roundhill Bitcoin Covered Call Strategy ETF

The Roundhill Bitcoin Covered Call Strategy ETF (YBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund seeks to provide current income and capped gains on ETFs holding Bitcoin futures through a synthetic covered call strategy, collateralized by US Treasurys and cash. The actively managed fund uses both standardized exchange-traded and FLEX options YBTC was launched on Jan 18, 2024 and is issued by Roundhill.