Short Interest in Roundhill Magnificent Seven Covered Call ETF (BATS:MAGY) Increases By 329.0%

Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYGet Free Report) was the target of a large increase in short interest in June. As of June 15th, there was short interest totaling 103,011 shares, an increase of 329.0% from the May 31st total of 24,012 shares. Currently, 38.2% of the company’s stock are short sold. Based on an average daily volume of 72,754 shares, the short-interest ratio is currently 1.4 days.

Roundhill Magnificent Seven Covered Call ETF Trading Up 0.6%

Shares of MAGY stock opened at $41.48 on Friday. Roundhill Magnificent Seven Covered Call ETF has a twelve month low of $40.86 and a twelve month high of $58.34. The stock has a fifty day simple moving average of $45.65 and a two-hundred day simple moving average of $48.29.

Institutional Trading of Roundhill Magnificent Seven Covered Call ETF

A hedge fund recently bought a new stake in Roundhill Magnificent Seven Covered Call ETF stock. OLD Mission Capital LLC bought a new position in shares of Roundhill Magnificent Seven Covered Call ETF (BATS:MAGYFree Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 31,449 shares of the company’s stock, valued at approximately $1,677,000. OLD Mission Capital LLC owned approximately 0.78% of Roundhill Magnificent Seven Covered Call ETF at the end of the most recent reporting period.

About Roundhill Magnificent Seven Covered Call ETF

(Get Free Report)

Roundhill ETF Trust – Roundhill Magnificent Seven Covered Call ETF is an exchange traded fund launched and managed by Roundhill Financial Inc The fund is co-managed by Exchange Traded Concepts, LLC. It invests in public equity and fixed income markets of the United States. For its equity portion, the fund invests through derivatives in stocks of companies operating across diversified sectors. It uses derivatives such as options to create its portfolio. It invests in growth and value stocks of companies across diversified market capitalization.

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