Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Short Interest Up 21.3% in February

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was the recipient of a large increase in short interest during the month of February. As of February 27th, there was short interest totaling 25,821 shares, an increase of 21.3% from the February 12th total of 21,287 shares. Based on an average daily volume of 20,687 shares, the days-to-cover ratio is presently 1.2 days. Approximately 0.9% of the shares of the stock are short sold. Approximately 0.9% of the shares of the stock are short sold. Based on an average daily volume of 20,687 shares, the days-to-cover ratio is presently 1.2 days.

Roundhill Sports Betting & iGaming ETF Stock Performance

Roundhill Sports Betting & iGaming ETF stock traded up $0.12 on Tuesday, reaching $18.22. The company’s stock had a trading volume of 1,179 shares, compared to its average volume of 17,391. The business’s fifty day moving average price is $18.70 and its 200 day moving average price is $21.09. The company has a market cap of $51.93 million, a price-to-earnings ratio of 22.62 and a beta of 1.35. Roundhill Sports Betting & iGaming ETF has a twelve month low of $16.73 and a twelve month high of $25.48.

Institutional Inflows and Outflows

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

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.