Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Short Interest Down 53.9% in August

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 17,550 shares, a drop of 53.9% from the August 15th total of 38,110 shares. Based on an average daily volume of 33,733 shares, the short-interest ratio is presently 0.5 days. Currently, 0.6% of the company’s stock are short sold.

Hedge Funds Weigh In On Roundhill S&P 500 Target 20 Managed Distribution ETF

Large investors have recently modified their holdings of the business. Geneos Wealth Management Inc. increased its position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the first quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock valued at $65,000 after acquiring an additional 980 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF during the second quarter valued at approximately $80,000. Citadel Advisors LLC bought a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at approximately $316,000. Jane Street Group LLC grew its stake in Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% in the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after purchasing an additional 7,281 shares in the last quarter. Finally, Wolverine Trading LLC bought a new position in Roundhill S&P 500 Target 20 Managed Distribution ETF in the third quarter valued at approximately $1,847,000.

Roundhill S&P 500 Target 20 Managed Distribution ETF Price Performance

Shares of XPAY stock opened at $51.93 on Monday. Roundhill S&P 500 Target 20 Managed Distribution ETF has a 12 month low of $47.35 and a 12 month high of $56.51. The company’s fifty day simple moving average is $52.94 and its 200-day simple moving average is $52.49.

Roundhill S&P 500 Target 20 Managed Distribution ETF Company Profile

The Roundhill S&P 500 Target 20 Managed Distribution ETF (XPAY) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund, whose primary objective is to pay a monthly return of capital distribution at an annualized rate of twenty percent, while providing exposure to the S&P 500 Index. The fund uses predominately FLEX call options to pursue this strategy. XPAY was launched on Oct 31, 2024 and is issued by Roundhill.