Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Short Interest Update

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the recipient of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 112,547 shares, a decrease of 90.3% from the May 14th total of 1,156,033 shares. Currently, 1.2% of the shares of the company are short sold. Based on an average daily volume of 210,513 shares, the days-to-cover ratio is currently 0.5 days.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Down 0.2%

XDTE traded down $0.08 on Tuesday, hitting $38.85. 209,436 shares of the company traded hands, compared to its average volume of 268,344. The company has a 50 day moving average of $38.79 and a 200-day moving average of $39.89. The stock has a market capitalization of $356.25 million, a PE ratio of 24.81 and a beta of 0.99. 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.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in XDTE. Osaic Holdings Inc. raised its stake in 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 valued at $31,000 after acquiring an additional 500 shares during the last quarter. Group One Trading LLC purchased a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 4th quarter valued at approximately $44,000. Strive Financial Group LLC purchased a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 4th quarter valued at approximately $146,000. PNC Financial Services Group Inc. purchased a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 3rd quarter valued at approximately $248,000. Finally, NewEdge Wealth LLC purchased a new stake in Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 1st quarter valued at approximately $353,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Company Profile

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.