Short Interest in Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY) Decreases By 41.4%

by · The Markets Daily

Roundhill S&P 500 Target 20 Managed Distribution ETF (NYSEARCA:XPAY – Get Free Report) was the target of a large decrease in short interest during the month of June. As of June 15th, there was short interest totaling 7,828 shares, a decrease of 41.4% from the May 31st total of 13,352 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average daily volume of 104,121 shares, the short-interest ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. raised its holdings in Roundhill S&P 500 Target 20 Managed Distribution ETF by 272.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,340 shares of the company’s stock worth $65,000 after purchasing an additional 980 shares in the last quarter. Planning Directions Inc. bought a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 4th quarter valued at about $229,000. Citadel Advisors LLC bought a new stake in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the 3rd quarter valued at about $316,000. Jane Street Group LLC increased its position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF by 189.3% during the first quarter. Jane Street Group LLC now owns 11,127 shares of the company’s stock valued at $576,000 after buying an additional 7,281 shares during the period. Finally, Wolverine Trading LLC purchased a new position in shares of Roundhill S&P 500 Target 20 Managed Distribution ETF during the third quarter valued at about $1,847,000.

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

Shares of XPAY stock traded down $0.03 during trading hours on Wednesday, reaching $53.41. The company’s stock had a trading volume of 46,096 shares, compared to its average volume of 75,265. Roundhill S&P 500 Target 20 Managed Distribution ETF has a one year low of $47.35 and a one year high of $56.51. The firm’s fifty day simple moving average is $53.55 and its 200 day simple moving average is $52.76.

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

(Get Free Report)

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.

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