Short Interest in Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Decreases By 74.4%

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the recipient of a significant drop in short interest during the month of June. As of June 30th, there was short interest totaling 62,206 shares, a drop of 74.4% from the June 15th total of 243,439 shares. Based on an average daily volume of 181,919 shares, the short-interest ratio is presently 0.3 days. Currently, 0.7% of the shares of the company are sold short.

Hedge Funds Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Institutional investors have recently made changes to their positions in the company. Osaic Holdings Inc. grew its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 250.0% during the second quarter. Osaic Holdings Inc. now owns 700 shares of the company’s stock valued at $31,000 after buying an additional 500 shares during the period. Group One Trading LLC acquired a new position in Roundhill S&P 500 0DTE Covered Call Strategy ETF in the 4th quarter worth about $44,000. Strive Financial Group LLC purchased a new stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF in the fourth quarter valued at approximately $146,000. PNC Financial Services Group Inc. raised its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 35.7% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,600 shares of the company’s stock worth $301,000 after buying an additional 2,000 shares during the period. Finally, NewEdge Wealth LLC acquired a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the 1st quarter worth approximately $353,000.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Price Performance

BATS XDTE opened at $38.91 on Tuesday. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 1 year low of $35.87 and a 1 year high of $44.81. The company has a market capitalization of $356.80 million, a PE ratio of 24.81 and a beta of 0.99. The company has a fifty day moving average of $39.31 and a 200 day moving average of $39.15.

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.