Short Interest in Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) Declines By 58.2%

Roundhill S&P 500 0DTE Covered Call Strategy ETF (BATS:XDTE) was the target of a significant decrease in short interest in August. As of August 14th, there was short interest totaling 68,521 shares, a decrease of 58.2% from the July 30th total of 164,120 shares. Based on an average trading volume of 125,321 shares, the days-to-cover ratio is currently 0.5 days. Currently, 0.7% of the shares of the stock are short sold.

Institutional Investors Weigh In On Roundhill S&P 500 0DTE Covered Call Strategy ETF

Hedge funds have recently modified their holdings of the company. Proficio Capital Partners LLC grew its holdings in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 26.7% during the second quarter. Proficio Capital Partners LLC now owns 183,165 shares of the company’s stock worth $7,158,000 after buying an additional 38,550 shares in the last quarter. Jane Street Group LLC purchased a new position in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF during the second quarter valued at approximately $4,940,000. Centaurus Financial Inc. lifted its stake in shares of Roundhill S&P 500 0DTE Covered Call Strategy ETF by 3.0% during the first quarter. Centaurus Financial Inc. now owns 85,475 shares of the company’s stock valued at $3,139,000 after buying an additional 2,500 shares during the period. RFG Advisory LLC boosted its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 1.5% during the first quarter. RFG Advisory LLC now owns 31,201 shares of the company’s stock worth $1,146,000 after acquiring an additional 463 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its position in Roundhill S&P 500 0DTE Covered Call Strategy ETF by 11.1% during the fourth quarter. Commonwealth Equity Services LLC now owns 30,225 shares of the company’s stock worth $1,199,000 after acquiring an additional 3,031 shares during the last quarter.

Roundhill S&P 500 0DTE Covered Call Strategy ETF Stock Up 0.3%

XDTE opened at $39.01 on Friday. The firm has a market cap of $357.72 million, a P/E ratio of 24.81 and a beta of 0.99. Roundhill S&P 500 0DTE Covered Call Strategy ETF has a 52 week low of $35.87 and a 52 week high of $44.81. The business’s fifty day simple moving average is $38.90 and its 200 day simple moving average is $38.81.

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.