Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Up 90.8% in August

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) was the recipient of a large increase in short interest in the month of August. As of August 14th, there was short interest totaling 38,110 shares, an increase of 90.8% from the July 30th total of 19,970 shares. Approximately 1.2% of the shares of the company are sold short. Based on an average daily volume of 67,393 shares, the short-interest ratio is presently 0.6 days.

Hedge Funds Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Centaurus Financial Inc. acquired a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 1st quarter worth $2,551,000. Geneos Wealth Management Inc. lifted its stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after purchasing an additional 980 shares during the period. Jane Street Group LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the fourth quarter valued at about $721,000. Citadel Advisors LLC acquired a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at about $316,000. Finally, Wolverine Trading LLC purchased a new stake in Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter worth about $1,847,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Trading Down 0.0%

NYSEARCA XPAY traded down $0.01 during trading on Friday, reaching $53.19. The company’s stock had a trading volume of 20,812 shares, compared to its average volume of 69,009. Roundhill S&P 500 Target 20 Managed Distribution ETF has a twelve month low of $47.35 and a twelve month high of $56.51. The business’s fifty day moving average price is $53.00 and its 200-day moving average price is $52.48.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.