Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) Short Interest Update

Roundhill Sports Betting & iGaming ETF (NYSEARCA:BETZ) was the recipient of a large decrease in short interest in the month of May. As of May 15th, there was short interest totaling 8,683 shares, a decrease of 69.8% from the April 30th total of 28,740 shares. Based on an average daily volume of 8,638 shares, the short-interest ratio is currently 1.0 days. Approximately 0.3% of the shares of the company are short sold.

Hedge Funds Weigh In On Roundhill Sports Betting & iGaming ETF

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

Roundhill Sports Betting & iGaming ETF Price Performance

Shares of Roundhill Sports Betting & iGaming ETF stock opened at $18.67 on Friday. Roundhill Sports Betting & iGaming ETF has a fifty-two week low of $17.05 and a fifty-two week high of $25.48. The firm has a fifty day moving average price of $18.55 and a two-hundred day moving average price of $19.37. The company has a market cap of $48.92 million, a PE ratio of 22.62 and a beta of 1.21.

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.