Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) Short Interest Update

Roundhill Bitcoin Covered Call Strategy ETF (BATS:YBTC) saw a large decline in short interest in August. As of August 14th, there was short interest totaling 14,653 shares, a decline of 97.5% from the July 30th total of 579,348 shares. Based on an average daily volume of 81,384 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the shares of the stock are sold short.

Roundhill Bitcoin Covered Call Strategy ETF Stock Up 0.6%

Shares of YBTC traded up $0.11 during trading hours on Tuesday, hitting $18.27. The stock had a trading volume of 75,361 shares, compared to its average volume of 123,026. The company’s fifty day moving average is $17.61 and its two-hundred day moving average is $19.95. Roundhill Bitcoin Covered Call Strategy ETF has a 52 week low of $16.30 and a 52 week high of $46.93.

Institutional Trading of Roundhill Bitcoin Covered Call Strategy ETF

Several large investors have recently added to or reduced their stakes in the company. Melia Wealth LLC raised its stake in shares of Roundhill Bitcoin Covered Call Strategy ETF by 7.1% in the fourth quarter. Melia Wealth LLC now owns 415,210 shares of the company’s stock valued at $11,813,000 after acquiring an additional 27,489 shares during the last quarter. IMC Chicago LLC bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF during the 4th quarter worth approximately $863,000. Jane Street Group LLC bought a new stake in Roundhill Bitcoin Covered Call Strategy ETF during the 2nd quarter worth approximately $1,148,000. NewEdge Advisors LLC acquired a new stake in Roundhill Bitcoin Covered Call Strategy ETF during the 2nd quarter valued at $712,000. Finally, Simplex Trading LLC acquired a new stake in Roundhill Bitcoin Covered Call Strategy ETF during the 4th quarter valued at $92,000.

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.