Short Interest in Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Declines By 57.5%

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was the recipient of a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 4,819 shares, a decline of 57.5% from the June 15th total of 11,344 shares. Based on an average daily volume of 178,183 shares, the short-interest ratio is presently 0.0 days. Approximately 0.2% of the shares of the stock are sold short.

Roundhill Sports Betting & iGaming ETF Price Performance

NYSEARCA:BETZ traded up $0.23 during trading hours on Wednesday, reaching $19.63. 14,544 shares of the company traded hands, compared to its average volume of 27,020. The firm’s 50-day moving average is $19.01 and its 200-day moving average is $18.91. The stock has a market cap of $51.43 million, a P/E ratio of 22.62 and a beta of 1.18. Roundhill Sports Betting & iGaming ETF has a 1-year low of $17.05 and a 1-year high of $25.48.

Roundhill Sports Betting & iGaming ETF Company Profile

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.