Short Interest in Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) Drops By 56.2%

Roundhill N-100 0DTE Covered Call Strategy ETF (BATS:QDTE) was the target of a large drop in short interest in the month of June. As of June 30th, there was short interest totaling 352,991 shares, a drop of 56.2% from the June 15th total of 806,267 shares. Based on an average daily volume of 663,811 shares, the days-to-cover ratio is presently 0.5 days. Currently, 1.6% of the company’s stock are short sold.

Institutional Investors Weigh In On Roundhill N-100 0DTE Covered Call Strategy ETF

A number of hedge funds have recently made changes to their positions in the business. Newbridge Financial Services Group Inc. raised its holdings in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 225.0% in the 4th quarter. Newbridge Financial Services Group Inc. now owns 1,300 shares of the company’s stock worth $40,000 after purchasing an additional 900 shares during the period. NFSG Corp grew its holdings in Roundhill N-100 0DTE Covered Call Strategy ETF by 42.7% during the first quarter. NFSG Corp now owns 1,855 shares of the company’s stock valued at $51,000 after purchasing an additional 555 shares during the period. Allworth Financial LP increased its position in Roundhill N-100 0DTE Covered Call Strategy ETF by 13.8% in the third quarter. Allworth Financial LP now owns 3,423 shares of the company’s stock worth $122,000 after buying an additional 416 shares during the last quarter. Noble Wealth Management PBC purchased a new stake in Roundhill N-100 0DTE Covered Call Strategy ETF in the second quarter worth $125,000. Finally, IFP Advisors Inc raised its stake in shares of Roundhill N-100 0DTE Covered Call Strategy ETF by 533.9% in the third quarter. IFP Advisors Inc now owns 5,154 shares of the company’s stock valued at $184,000 after buying an additional 4,341 shares during the period.

Roundhill N-100 0DTE Covered Call Strategy ETF Stock Performance

Shares of QDTE stock opened at $30.33 on Wednesday. The firm has a fifty day simple moving average of $31.00 and a two-hundred day simple moving average of $30.23. Roundhill N-100 0DTE Covered Call Strategy ETF has a 12 month low of $26.75 and a 12 month high of $36.60.

About Roundhill N-100 0DTE Covered Call Strategy ETF

The Roundhill N-100 0DTE Covered Call Strategy ETF (QDTE) 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 Nasdaq-100 Index. QDTE was launched on Mar 7, 2024 and is issued by Roundhill.