Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Short Interest Down 21.1% in January

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) saw a significant drop in short interest during the month of January. As of January 15th, there was short interest totaling 8,422 shares, a drop of 21.1% from the December 31st total of 10,675 shares. Currently, 0.3% of the shares of the company are short sold. Based on an average daily volume of 17,517 shares, the days-to-cover ratio is presently 0.5 days. Based on an average daily volume of 17,517 shares, the days-to-cover ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are short sold.

Institutional Trading of Roundhill Sports Betting & iGaming ETF

An institutional investor recently bought a new position in Roundhill Sports Betting & iGaming ETF stock. Advisors Preferred LLC bought a new position in shares of Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 10,920 shares of the company’s stock, valued at approximately $258,000. Advisors Preferred LLC owned 0.35% of Roundhill Sports Betting & iGaming ETF at the end of the most recent quarter.

Roundhill Sports Betting & iGaming ETF Trading Down 2.6%

Shares of Roundhill Sports Betting & iGaming ETF stock traded down $0.50 on Friday, hitting $18.58. The stock had a trading volume of 17,552 shares, compared to its average volume of 17,593. The stock has a market cap of $54.25 million, a price-to-earnings ratio of 22.62 and a beta of 1.35. Roundhill Sports Betting & iGaming ETF has a 52-week low of $16.73 and a 52-week high of $25.48. The company’s 50 day moving average price is $20.79 and its 200 day moving average price is $22.46.

About Roundhill Sports Betting & iGaming ETF

The Roundhill Sports Betting & iGaming ETF (BETZ) is an exchange-traded fund that is based on the Roundhill Sports Betting & iGaming index. The fund tracks a tier-weighted index of global companies selected by committee that are involved in the sports betting & iGaming industry. BETZ was launched on Jun 4, 2020 and is managed by Roundhill.